Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
NASDAQ RUSSIA TRUST INDEX (NASDAQ:NQRUT)
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 NQRUT
The long term trend has been UP since Jul 31st, 2018 at 1173.31
The intermediate term trend has been DOWN since Nov 14th, 2018 at 1157.60
The short term trend has been UP since Nov 29th, 2018 at 1181.52
Smart Scan Analysis for NQRUT
Based on a pre-defined weighted trend formula for chart analysis, NQRUT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1257.32||52wk High Date||2018-10-03|
|52wk Low||994.03||52wk Low Date||2017-11-30|