Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
NASDAQ OMX GLOBAL WATER EUR INDEX (NASDAQ:GRNWATERLEUR)
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 GRNWATERLEUR
The long term trend has been UP since Oct 2nd, 2017 at 1293.62
The intermediate term trend has been UP since Jan 5th, 2018 at 1356.16
The short term trend has been DOWN since Jan 10th, 2018 at 1360.25
Smart Scan Analysis for GRNWATERLEUR
Based on a pre-defined weighted trend formula for chart analysis, GRNWATERLEUR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1379.16||52wk High Date||2017-12-25|
|52wk Low||1217.83||52wk Low Date||2017-08-29|