Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
NASDAQ DM EUROPE TELECOM INDEX (NASDAQ:NQDMEU6000)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
MarketClub’s Trade Triangles for NQDMEU6000
The long term trend has been DOWN since Nov 3rd, 2017 at 1101.62
The intermediate term trend has been UP since Nov 27th, 2017 at 1103.56
The short term trend has been DOWN since Dec 14th, 2017 at 1105.65
Smart Scan Analysis for NQDMEU6000
Based on a pre-defined weighted trend formula for chart analysis, NQDMEU6000 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1191.8||52wk High Date||2017-08-08|
|52wk Low||991.87||52wk Low Date||2017-02-08|