Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
NASDAQ DM EUROPE TECH TRUST INDEX (NASDAQ:NQDMEU9000T)
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.
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 NQDMEU9000T
The long term trend has been DOWN since Aug 15th, 2018 at 2037.25
The intermediate term trend has been DOWN since Sep 7th, 2018 at 2011.12
The short term trend has been UP since Sep 11th, 2018 at 2054.51
Smart Scan Analysis for NQDMEU9000T
Based on a pre-defined weighted trend formula for chart analysis, NQDMEU9000T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2251.46||52wk High Date||2018-06-15|
|52wk Low||1897.02||52wk Low Date||2017-09-27|