Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NASDAQ DM EUROPE EX UK NTR INDEX (NASDAQ:NQDMEUXGBN)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NQDMEUXGBN
The long term trend has been DOWN since Mar 23rd, 2018 at 1531.79
The intermediate term trend has been UP since Aug 28th, 2018 at 1566.72
The short term trend has been UP since Sep 11th, 2018 at 1519.84
Smart Scan Analysis for NQDMEUXGBN
Based on a pre-defined weighted trend formula for chart analysis, NQDMEUXGBN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1704.94||52wk High Date||2018-01-25|
|52wk Low||1478.25||52wk Low Date||2018-08-15|