Index Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
NASDAQ MALAYSIA LG-CAP NTR INDEX (NASDAQ:NQMYLCN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 NQMYLCN
The long term trend has been UP since Mar 1st, 2017 at 820.10
The intermediate term trend has been UP since Nov 9th, 2017 at 925.10
The short term trend has been DOWN since Nov 13th, 2017 at 925.72
Smart Scan Analysis for NQMYLCN
Based on a pre-defined weighted trend formula for chart analysis, NQMYLCN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||947.75||52wk High Date||2017-09-18|
|52wk Low||765.57||52wk Low Date||2016-12-26|