Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
NASDAQ NORWAY LG-CAP NTR INDEX (NASDAQ:NQNOLCN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 NQNOLCN
The long term trend has been UP since May 17th, 2017 at 880.47
The intermediate term trend has been UP since Feb 26th, 2018 at 1117.10
The short term trend has been DOWN since Mar 15th, 2018 at 1091.07
Smart Scan Analysis for NQNOLCN
Based on a pre-defined weighted trend formula for chart analysis, NQNOLCN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1165.13||52wk High Date||2018-01-25|
|52wk Low||800.94||52wk Low Date||2017-04-21|