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Index Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

NASDAQ DM EUROPE BASIC MATLS NTR INDEX (NASDAQ:NQDMEU1000N)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NASDAQ_NQDMEU1000N
Open High Low NQDMEU1000N Price Change
1202.10 1219.12 1191.96 1193.14 -4.66
Entry Signal

MarketClub’s Trade Triangles for NQDMEU1000N

long term down The long term trend has been DOWN since Jul 4th, 2018 at 1294.67

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 1268.56

short term down The short term trend has been DOWN since Oct 19th, 2018 at 1210.83

Smart Scan Analysis for NQDMEU1000N

Based on a pre-defined weighted trend formula for chart analysis, NQDMEU1000N scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NQDMEU1000N
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1202.10 1219.12 1191.96 1193.14 -4.66
Prev. Close Volume Bid Ask Time
1197.8 0 2018-10-22 10:32:00
52wk High1474.8752wk High Date2018-01-25
52wk Low1191.9952wk Low Date2018-10-19
Want to analyze NASDAQ DM EUROPE BASIC MATLS NTR INDEX NQDMEU1000N or another symbol? Try our Free Index Trend Analysis Report.