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Index Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

NASDAQ DM EUROPE RETAIL INDEX (NASDAQ:NQDMEU5300)

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_NQDMEU5300
Open High Low NQDMEU5300 Price Change
979.33 983.74 972.05 979.37 -2.54
Entry Signal

MarketClub’s Trade Triangles for NQDMEU5300

long term down The long term trend has been DOWN since Aug 6th, 2018 at 1090.60

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2018 at 1041.68

short term down The short term trend has been DOWN since Oct 19th, 2018 at 979.17

Smart Scan Analysis for NQDMEU5300

Based on a pre-defined weighted trend formula for chart analysis, NQDMEU5300 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NQDMEU5300
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
979.33 983.74 972.05 979.37 -2.54
Prev. Close Volume Bid Ask Time
979.4 0 2018-10-19 11:44:00
52wk High1167.7652wk High Date2018-01-26
52wk Low974.6452wk Low Date2018-10-11
Want to analyze NASDAQ DM EUROPE RETAIL INDEX NQDMEU5300 or another symbol? Try our Free Index Trend Analysis Report.