Index Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
NASDAQ ALPHADEX EUROZONE GBP INDEX (NASDAQ:NQDXEUROGBP)
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 NQDXEUROGBP
The long term trend has been UP since Aug 4th, 2017 at 1484.81
The intermediate term trend has been DOWN since Nov 10th, 2017 at 1520.15
The short term trend has been DOWN since Nov 14th, 2017 at 1513.88
Smart Scan Analysis for NQDXEUROGBP
Based on a pre-defined weighted trend formula for chart analysis, NQDXEUROGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1576.62||52wk High Date||2017-11-03|
|52wk Low||1445.4||52wk Low Date||2017-07-24|