Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
NASDAQ MALAYSIA CONSUMER GOODS TRUST INDEX (NASDAQ:NQMY3000T)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 NQMY3000T
The long term trend has been UP since Sep 6th, 2017 at 800.47
The intermediate term trend has been UP since Mar 26th, 2018 at 904.89
The short term trend has been DOWN since Apr 23rd, 2018 at 895.50
Smart Scan Analysis for NQMY3000T
Based on a pre-defined weighted trend formula for chart analysis, NQMY3000T scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||911.02||52wk High Date||2018-03-28|
|52wk Low||763.77||52wk Low Date||2017-04-24|