Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
NASDAQ NORWAY FINANCIALS NTR INDEX (NASDAQ:NQNO8000N)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 NQNO8000N
The long term trend has been UP since Jul 4th, 2018 at 1883.72
The intermediate term trend has been DOWN since Oct 8th, 2018 at 1930.73
The short term trend has been DOWN since Sep 28th, 2018 at 2001.63
Smart Scan Analysis for NQNO8000N
Based on a pre-defined weighted trend formula for chart analysis, NQNO8000N scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2030.9||52wk High Date||2018-09-26|
|52wk Low||1654.95||52wk Low Date||2017-12-25|