Index Trend Analysis Report
Prepared for you on Saturday, May 26, 2018.
NASDAQ SOUTH AFRICA FINANCIALS NTR INDEX (NASDAQ:NQZA8000N)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQZA8000N
The long term trend has been DOWN since May 17th, 2018 at 1418.08
The intermediate term trend has been DOWN since Mar 16th, 2018 at 1600.32
The short term trend has been UP since May 24th, 2018 at 1429.63
Smart Scan Analysis for NQZA8000N
Based on a pre-defined weighted trend formula for chart analysis, NQZA8000N scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1711.44||52wk High Date||2018-02-26|
|52wk Low||1102.35||52wk Low Date||2017-07-11|