Index Trend Analysis Report
Prepared for you on Monday, June 26, 2017.
NASDAQ MEXICO LG-CAP INDEX (NASDAQ:NQMXLC)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 NQMXLC
The long term trend has been UP since Mar 3rd, 2017 at 722.05
The intermediate term trend has been UP since May 24th, 2017 at 785.55
The short term trend has been UP since Jun 23rd, 2017 at 796.66
Smart Scan Analysis for NQMXLC
Based on a pre-defined weighted trend formula for chart analysis, NQMXLC scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||809.26||52wk High Date||2016-08-15|
|52wk Low||608.92||52wk Low Date||2017-01-11|