Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
NASDAQ ALPHADEX EUROZONE EUR NTR INDEX (NASDAQ:NQDXEUROEURN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NQDXEUROEURN
The long term trend has been UP since Sep 11th, 2017 at 1400.17
The intermediate term trend has been UP since Dec 5th, 2017 at 1464.85
The short term trend has been DOWN since Dec 12th, 2017 at 1461.12
Smart Scan Analysis for NQDXEUROEURN
Based on a pre-defined weighted trend formula for chart analysis, NQDXEUROEURN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1488.32||52wk High Date||2017-11-07|
|52wk Low||1342.95||52wk Low Date||2017-08-29|