Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NASDAQ MEXICO SM-CAP TRUST INDEX (NASDAQ:NQMXSCT)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 NQMXSCT
The long term trend has been UP since Aug 7th, 2018 at 878.62
The intermediate term trend has been UP since Aug 27th, 2018 at 884.22
The short term trend has been UP since Sep 7th, 2018 at 844.55
Smart Scan Analysis for NQMXSCT
Based on a pre-defined weighted trend formula for chart analysis, NQMXSCT scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||891.88||52wk High Date||2018-04-17|
|52wk Low||710.77||52wk Low Date||2018-06-15|