|NQMAAUD -- USA Index|| |
1,388 3.56 0.26%
NASDAQ Morocco AUD Trend Analysis
Use this graph to draw trend lines for NASDAQ Morocco AUD Index. You can use it to identify possible trend reversals for NASDAQ Morocco as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual NASDAQ Morocco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NASDAQ Morocco Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NASDAQ Morocco AUD Index applied against its price change over selected period. The best fit line has a slop of 1.63
which may suggest that NASDAQ Morocco AUD Index market price will keep on failing further. It has 10 observation points and a regression sum of squares at 53.14, which is the sum of squared deviations for the predicted NASDAQ Morocco price change compared to its average price change.