Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
NASDAQ TURKEY NTR INDEX (NASDAQ:NQTRN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 NQTRN
The long term trend has been UP since Jan 2nd, 2018 at 794.12
The intermediate term trend has been UP since Dec 11th, 2017 at 734.76
The short term trend has been DOWN since Feb 20th, 2018 at 791.33
Smart Scan Analysis for NQTRN
Based on a pre-defined weighted trend formula for chart analysis, NQTRN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||870.62||52wk High Date||2017-09-01|
|52wk Low||628.01||52wk Low Date||2017-03-09|