Index Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
NASDAQ LAT AMERICA NTR INDEX (NASDAQ:NQLAN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 NQLAN
The long term trend has been UP since Aug 1st, 2017 at 845.26
The intermediate term trend has been UP since Oct 5th, 2017 at 922.04
The short term trend has been DOWN since Oct 17th, 2017 at 901.45
Smart Scan Analysis for NQLAN
Based on a pre-defined weighted trend formula for chart analysis, NQLAN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||926.71||52wk High Date||2017-10-05|
|52wk Low||655.86||52wk Low Date||2016-11-11|