Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
NASDAQ KOREA LG-CAP NTR INDEX (NASDAQ:NQKRLCN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 NQKRLCN
The long term trend has been UP since Mar 13th, 2018 at 1598.78
The intermediate term trend has been DOWN since May 15th, 2018 at 1511.91
The short term trend has been UP since May 22nd, 2018 at 1516.41
Smart Scan Analysis for NQKRLCN
Based on a pre-defined weighted trend formula for chart analysis, NQKRLCN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1617.05||52wk High Date||2018-01-31|
|52wk Low||1287.78||52wk Low Date||2017-08-11|