Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
NASDAQ TURKEY BASIC MATLS INDEX (NASDAQ:NQTR1000)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQTR1000
The long term trend has been UP since Dec 22nd, 2017 at 1422.90
The intermediate term trend has been UP since Feb 23rd, 2018 at 1575.51
The short term trend has been UP since Mar 21st, 2018 at 1607.11
Smart Scan Analysis for NQTR1000
Based on a pre-defined weighted trend formula for chart analysis, NQTR1000 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1626.66||52wk High Date||2018-02-28|
|52wk Low||910.22||52wk Low Date||2017-04-14|