Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
NASDAQ GERMANY INDUSTRIES TRUST INDEX (NASDAQ:NQDE2000T)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQDE2000T
The long term trend has been DOWN since Mar 2nd, 2018 at 1870.29
The intermediate term trend has been DOWN since Oct 2nd, 2018 at 1817.93
The short term trend has been UP since Nov 26th, 2018 at 1587.28
Smart Scan Analysis for NQDE2000T
Based on a pre-defined weighted trend formula for chart analysis, NQDE2000T scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2132.62||52wk High Date||2018-01-24|
|52wk Low||1550.56||52wk Low Date||2018-11-20|