Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
NASDAQ LAT AMERICA BASIC RESOURCES NTR I (NASDAQ:NQLA1700N)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 May 30th, 2018 at 712.92
The intermediate term trend has been DOWN since May 3rd, 2018 at 785.43
The short term trend has been DOWN since Jun 15th, 2018 at 736.60
Smart Scan Analysis for NQLA1700N
Based on a pre-defined weighted trend formula for chart analysis, NQLA1700N scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||845.14||52wk High Date||2018-04-18|
|52wk Low||521.03||52wk Low Date||2017-06-26|