Index Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
NASDAQ NEW ZEALAND CONSUMER SERVICES TRUST INDEX (NASDAQ:NQNZ5000T)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQNZ5000T
The long term trend has been DOWN since Sep 4th, 2017 at 1370.68
The intermediate term trend has been DOWN since Oct 19th, 2017 at 1368.86
The short term trend has been UP since Nov 22nd, 2017 at 1306.31
Smart Scan Analysis for NQNZ5000T
Based on a pre-defined weighted trend formula for chart analysis, NQNZ5000T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1539.63||52wk High Date||2017-07-21|
|52wk Low||1223.08||52wk Low Date||2016-12-20|