Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
NASDAQ NEW ZEALAND CONSUMER SERVICES TRUST INDEX (NASDAQ:NQNZ5000T)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NQNZ5000T
The long term trend has been UP since Dec 27th, 2017 at 1428.36
The intermediate term trend has been UP since May 21st, 2018 at 1473.50
The short term trend has been DOWN since Jun 19th, 2018 at 1474.39
Smart Scan Analysis for NQNZ5000T
Based on a pre-defined weighted trend formula for chart analysis, NQNZ5000T scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1539.63||52wk High Date||2017-07-21|
|52wk Low||1287.42||52wk Low Date||2017-11-21|