Index Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
NASDAQ DM EUROPE TELECOM INDEX (NASDAQ:NQDMEU6000)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
MarketClub’s Trade Triangles for NQDMEU6000
The long term trend has been DOWN since Feb 6th, 2018 at 1071.04
The intermediate term trend has been DOWN since Feb 2nd, 2018 at 1116.13
The short term trend has been DOWN since Mar 13th, 2018 at 1085.63
Smart Scan Analysis for NQDMEU6000
Based on a pre-defined weighted trend formula for chart analysis, NQDMEU6000 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1191.8||52wk High Date||2017-08-08|
|52wk Low||1036.6||52wk Low Date||2018-02-09|