Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
NASDAQ GERMANY TECH INDEX (NASDAQ:NQDE9000)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NQDE9000
The long term trend has been UP since May 11th, 2018 at 1776.57
The intermediate term trend has been UP since Apr 16th, 2018 at 1683.33
The short term trend has been DOWN since May 15th, 2018 at 1756.50
Smart Scan Analysis for NQDE9000
Based on a pre-defined weighted trend formula for chart analysis, NQDE9000 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1802.8||52wk High Date||2018-01-23|
|52wk Low||1492.78||52wk Low Date||2017-07-06|