Index Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
NASDAQ SOUTH AFRICA CONSUMER SERVICES NTR INDEX (NASDAQ:NQZA5000N)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQZA5000N
The long term trend has been DOWN since Apr 4th, 2018 at 2265.02
The intermediate term trend has been DOWN since Mar 22nd, 2018 at 2508.05
The short term trend has been UP since Apr 18th, 2018 at 2387.23
Smart Scan Analysis for NQZA5000N
Based on a pre-defined weighted trend formula for chart analysis, NQZA5000N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2799.16||52wk High Date||2018-01-26|
|52wk Low||1687.19||52wk Low Date||2017-07-07|