Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NASDAQ RUSSIA OIL & GAS NTR INDEX (NASDAQ:NQRU0001N)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for NQRU0001N
The long term trend has been UP since Sep 1st, 2017 at 829.71
The intermediate term trend has been UP since Jul 2nd, 2018 at 1100.50
The short term trend has been DOWN since Jul 17th, 2018 at 1124.83
Smart Scan Analysis for NQRU0001N
Based on a pre-defined weighted trend formula for chart analysis, NQRU0001N scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1159.2||52wk High Date||2018-07-10|
|52wk Low||763.99||52wk Low Date||2017-07-31|