Index Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
Reality Shares Nasdaq Blockchain China TR Index (NASDAQ:RSBCNAUST)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 RSBCNAUST
The long term trend has been DOWN since Jun 3rd, 2019 at 812.42
The intermediate term trend has been DOWN since Jul 22nd, 2019 at 824.83
The short term trend has been DOWN since Aug 22nd, 2019 at 791.92
Smart Scan Analysis for RSBCNAUST
Based on a pre-defined weighted trend formula for chart analysis, RSBCNAUST scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).