Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
NASDAQ LAT AMERICA IND GOODS & SERVICES NTR (NASDAQ:NQLA2700N)
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 NQLA2700N
The long term trend has been DOWN since Apr 9th, 2018 at 891.17
The intermediate term trend has been DOWN since Oct 29th, 2018 at 824.57
The short term trend has been UP since Nov 28th, 2018 at 788.27
Smart Scan Analysis for NQLA2700N
Based on a pre-defined weighted trend formula for chart analysis, NQLA2700N scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||991.98||52wk High Date||2018-02-01|
|52wk Low||747.28||52wk Low Date||2018-06-07|