Index Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
NASDAQ OMX GLOBAL WATER EUR INDEX (NASDAQ:GRNWATERLEUR)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 GRNWATERLEUR
The long term trend has been DOWN since Jul 21st, 2017 at 1273.01
The intermediate term trend has been DOWN since Jul 21st, 2017 at 1273.01
The short term trend has been DOWN since Aug 18th, 2017 at 1248.56
Smart Scan Analysis for GRNWATERLEUR
Based on a pre-defined weighted trend formula for chart analysis, GRNWATERLEUR scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1293.62||52wk High Date||2017-07-20|
|52wk Low||1238.03||52wk Low Date||2017-08-11|