Index Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
NASDAQ MALAYSIA FINANCIALS INDEX (NASDAQ:NQMY8000)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 NQMY8000
The long term trend has been UP since Dec 13th, 2017 at 802.33
The intermediate term trend has been UP since Nov 13th, 2017 at 775.68
The short term trend has been UP since Feb 14th, 2018 at 879.71
Smart Scan Analysis for NQMY8000
Based on a pre-defined weighted trend formula for chart analysis, NQMY8000 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||920||52wk High Date||2018-02-02|
|52wk Low||680.93||52wk Low Date||2017-03-01|