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Index Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

NASDAQ MALAYSIA MID-CAP TRUST INDEX (NASDAQ:NQMYMCT)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

NASDAQ_NQMYMCT
Open High Low NQMYMCT Price Change
766.68 771.24 0.00 769.75 +5.50
Entry Signal

MarketClub’s Trade Triangles for NQMYMCT

long term down The long term trend has been DOWN since May 6th, 2018 at 857.66

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2018 at 829.75

short term up The short term trend has been UP since Oct 14th, 2018 at 769.96

Smart Scan Analysis for NQMYMCT

Based on a pre-defined weighted trend formula for chart analysis, NQMYMCT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NQMYMCT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
766.68 771.24 0.00 769.75 +5.50
Prev. Close Volume Bid Ask Time
764.25 0 2018-10-16 11:45:00
52wk High958.4952wk High Date2018-01-29
52wk Low742.5952wk Low Date2018-10-11
Want to analyze NASDAQ MALAYSIA MID-CAP TRUST INDEX NQMYMCT or another symbol? Try our Free Index Trend Analysis Report.