Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
NASDAQ NEW ZEALAND INDUSTRIES TRUST INDEX (NASDAQ:NQNZ2000T)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQNZ2000T
The long term trend has been DOWN since Sep 5th, 2018 at 1533.60
The intermediate term trend has been DOWN since Nov 25th, 2018 at 1491.18
The short term trend has been DOWN since Dec 4th, 2018 at 1525.13
Smart Scan Analysis for NQNZ2000T
Based on a pre-defined weighted trend formula for chart analysis, NQNZ2000T scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1753.72||52wk High Date||2018-01-31|
|52wk Low||1466.5||52wk Low Date||2018-10-25|