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Index Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

NASDAQ MALAYSIA INDUSTRIES INDEX (NASDAQ:NQMY2000)

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.

NASDAQ_NQMY2000
Open High Low NQMY2000 Price Change
644.83 0.00 639.59 646.12 -12.81
Entry Signal

MarketClub’s Trade Triangles for NQMY2000

long term down The long term trend has been DOWN since Apr 4th, 2018 at 889.21

intermediate term down The intermediate term trend has been DOWN since Aug 24th, 2018 at 731.16

short term down The short term trend has been DOWN since Oct 18th, 2018 at 652.95

Smart Scan Analysis for NQMY2000

Based on a pre-defined weighted trend formula for chart analysis, NQMY2000 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NQMY2000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
644.83 0.00 639.59 646.12 -12.81
Prev. Close Volume Bid Ask Time
658.93 0 2018-10-19 11:45:00
52wk High993.8252wk High Date2018-02-02
52wk Low625.9452wk Low Date2018-10-11
Want to analyze NASDAQ MALAYSIA INDUSTRIES INDEX NQMY2000 or another symbol? Try our Free Index Trend Analysis Report.