Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
NASDAQ NEW ZEALAND INDUSTRIES TRUST INDEX (NASDAQ:NQNZ2000T)
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 NQNZ2000T
The long term trend has been UP since Jun 6th, 2018 at 1644.75
The intermediate term trend has been DOWN since Jul 2nd, 2018 at 1597.45
The short term trend has been DOWN since Jul 18th, 2018 at 1608.19
Smart Scan Analysis for NQNZ2000T
Based on a pre-defined weighted trend formula for chart analysis, NQNZ2000T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1753.72||52wk High Date||2018-01-31|
|52wk Low||1468.43||52wk Low Date||2017-11-20|