Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
Credit Suisse NASDAQ Gold FLOWS 103 Distribution I (NASDAQ:QGLDID)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 QGLDID
The long term trend has been UP since Apr 15th, 2019 at 10.210
The intermediate term trend has been UP since Nov 11th, 2019 at 20.948
The short term trend has been UP since Nov 11th, 2019 at 20.948
Smart Scan Analysis for QGLDID
Based on a pre-defined weighted trend formula for chart analysis, QGLDID scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||27.9||52wk High Date||2018-11-12|
|52wk Low||5.62||52wk Low Date||2018-01-16|