Index Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
NASDAQ LAT AMERICA BASIC MATLS INDEX (NASDAQ:NQLA1000)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 NQLA1000
The long term trend has been UP since Jul 31st, 2017 at 561.45
The intermediate term trend has been UP since Feb 19th, 2018 at 718.36
The short term trend has been DOWN since Mar 15th, 2018 at 701.01
Smart Scan Analysis for NQLA1000
Based on a pre-defined weighted trend formula for chart analysis, NQLA1000 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||734.78||52wk High Date||2018-02-26|
|52wk Low||451.51||52wk Low Date||2017-05-18|