Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
NASDAQ LAT AMERICA BASIC RESOURCES NTR I (NASDAQ:NQLA1700N)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 NQLA1700N
The long term trend has been DOWN since Oct 29th, 2018 at 693.67
The intermediate term trend has been DOWN since Oct 18th, 2018 at 753.28
The short term trend has been UP since Nov 29th, 2018 at 647.30
Smart Scan Analysis for NQLA1700N
Based on a pre-defined weighted trend formula for chart analysis, NQLA1700N scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||845.14||52wk High Date||2018-04-18|
|52wk Low||622.42||52wk Low Date||2018-11-26|