Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
NASDAQ MALAYSIA CONSUMER SERVICES NTR INDEX (NASDAQ:NQMY5000N)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since Nov 2nd, 2017 at 783.69
The intermediate term trend has been UP since Nov 22nd, 2017 at 812.02
The short term trend has been UP since Dec 12th, 2017 at 809.26
Smart Scan Analysis for NQMY5000N
Based on a pre-defined weighted trend formula for chart analysis, NQMY5000N scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||849.3||52wk High Date||2017-09-11|
|52wk Low||643.64||52wk Low Date||2016-12-27|