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Index Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

NASDAQ DM EUROPE BANKS INDEX (NASDAQ:NQDMEU8300)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_NQDMEU8300
Open High Low NQDMEU8300 Price Change
767.73 777.24 767.73 775.50 +7.17
Entry Signal

MarketClub’s Trade Triangles for NQDMEU8300

long term down The long term trend has been DOWN since Mar 23rd, 2018 at 1045.52

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2018 at 790.53

short term down The short term trend has been DOWN since Nov 30th, 2018 at 806.53

Smart Scan Analysis for NQDMEU8300

Based on a pre-defined weighted trend formula for chart analysis, NQDMEU8300 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NQDMEU8300
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
767.73 777.24 767.73 775.50 +7.17
Prev. Close Volume Bid Ask Time
812.94 0 2018-12-07 04:56:00
52wk High1214.5552wk High Date2018-01-26
52wk Low780.0152wk Low Date2018-10-26
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