Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
NASDAQ KOREA FINANCIALS NTR INDEX (NASDAQ:NQKR8000N)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NQKR8000N
The long term trend has been UP since Oct 1st, 2018 at 1345.45
The intermediate term trend has been DOWN since Oct 11th, 2018 at 1235.76
The short term trend has been DOWN since Oct 18th, 2018 at 1239.66
Smart Scan Analysis for NQKR8000N
Based on a pre-defined weighted trend formula for chart analysis, NQKR8000N scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1609.89||52wk High Date||2018-01-29|
|52wk Low||1229.96||52wk Low Date||2018-10-12|