Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
NASDAQ SOUTH AFRICA HEALTH CARE NTR INDE (NASDAQ:NQZA4000N)
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 NQZA4000N
The long term trend has been UP since Jan 31st, 2018 at 1225.82
The intermediate term trend has been UP since Feb 15th, 2018 at 1239.18
The short term trend has been DOWN since Feb 20th, 2018 at 1258.76
Smart Scan Analysis for NQZA4000N
Based on a pre-defined weighted trend formula for chart analysis, NQZA4000N scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1294.9||52wk High Date||2018-02-15|
|52wk Low||1041.27||52wk Low Date||2017-12-08|