Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
NASDAQ MALAYSIA CONSUMER SERVICES NTR INDEX (NASDAQ:NQMY5000N)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 NQMY5000N
The long term trend has been UP since Jan 1st, 2018 at 840.04
The intermediate term trend has been DOWN since Feb 5th, 2018 at 869.38
The short term trend has been DOWN since Mar 15th, 2018 at 851.52
Smart Scan Analysis for NQMY5000N
Based on a pre-defined weighted trend formula for chart analysis, NQMY5000N scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||912.13||52wk High Date||2018-01-29|
|52wk Low||758.27||52wk Low Date||2017-04-11|