Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
NASDAQ GERMANY INDUSTRIES TRUST INDEX (NASDAQ:NQDE2000T)
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 NQDE2000T
The long term trend has been DOWN since Mar 2nd, 2018 at 1870.29
The intermediate term trend has been DOWN since May 28th, 2018 at 1890.33
The short term trend has been UP since Jun 13th, 2018 at 1927.59
Smart Scan Analysis for NQDE2000T
Based on a pre-defined weighted trend formula for chart analysis, NQDE2000T scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2132.62||52wk High Date||2018-01-24|
|52wk Low||1726.72||52wk Low Date||2017-06-21|