Index Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
NASDAQ DM EUROPE INSURED TRUST INDEX (NASDAQ:NQDMEU8500T)
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.
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 NQDMEU8500T
The long term trend has been DOWN since Oct 23rd, 2018 at 1815.48
The intermediate term trend has been UP since Nov 7th, 2018 at 1875.17
The short term trend has been DOWN since Nov 30th, 2018 at 1822.63
Smart Scan Analysis for NQDMEU8500T
Based on a pre-defined weighted trend formula for chart analysis, NQDMEU8500T scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2129.33||52wk High Date||2018-01-25|
|52wk Low||1756.08||52wk Low Date||2018-10-26|