Index Trend Analysis Report
Prepared for you on Saturday, August 19, 2017.
NASDAQ DM EUROPE IND GOODS & SERVICES NTR INC (NASDAQ:NQDMEU2700N)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQDMEU2700N
The long term trend has been UP since Jan 12th, 2017 at 1280.53
The intermediate term trend has been DOWN since Aug 10th, 2017 at 1536.09
The short term trend has been DOWN since Aug 18th, 2017 at 1536.12
Smart Scan Analysis for NQDMEU2700N
Based on a pre-defined weighted trend formula for chart analysis, NQDMEU2700N scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1578.28||52wk High Date||2017-08-02|
|52wk Low||1178.43||52wk Low Date||2016-11-09|