Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NORDEA NASDQ OMX RUSSIA 15 IND NTR (NASDAQ:NORUX15NTR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NORUX15NTR
The long term trend has been DOWN since Apr 9th, 2018 at 1116.20
The intermediate term trend has been UP since Jul 2nd, 2018 at 1150.24
The short term trend has been DOWN since Jul 17th, 2018 at 1179.71
Smart Scan Analysis for NORUX15NTR
Based on a pre-defined weighted trend formula for chart analysis, NORUX15NTR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1320.48||52wk High Date||2018-02-26|
|52wk Low||912.87||52wk Low Date||2017-07-31|