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Index Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

NASDAQ NEW ZEALAND MID-CAP TRUST INDEX (NASDAQ:NQNZMCT)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.

NASDAQ_NQNZMCT
Open High Low NQNZMCT Price Change
1443.26 0.00 1432.00 1432.76 -9.52
Entry Signal

MarketClub’s Trade Triangles for NQNZMCT

long term down The long term trend has been DOWN since Oct 7th, 2018 at 1476.41

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2018 at 1492.33

short term up The short term trend has been UP since Oct 15th, 2018 at 1434.34

Smart Scan Analysis for NQNZMCT

Based on a pre-defined weighted trend formula for chart analysis, NQNZMCT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NQNZMCT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1443.26 0.00 1432.00 1432.76 -9.52
Prev. Close Volume Bid Ask Time
1442.28 0 2018-10-22 11:43:00
52wk High1690.3352wk High Date2018-01-31
52wk Low1384.8452wk Low Date2018-10-11
Want to analyze NASDAQ NEW ZEALAND MID-CAP TRUST INDEX NQNZMCT or another symbol? Try our Free Index Trend Analysis Report.