Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
NASDAQ EMEA FOOD & BEVERAGE INDEX (NASDAQ:NQEMEA3500)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 NQEMEA3500
The long term trend has been UP since Jul 9th, 2018 at 1340.82
The intermediate term trend has been DOWN since Aug 10th, 2018 at 1321.06
The short term trend has been UP since Aug 20th, 2018 at 1315.99
Smart Scan Analysis for NQEMEA3500
Based on a pre-defined weighted trend formula for chart analysis, NQEMEA3500 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1410.63||52wk High Date||2018-01-25|
|52wk Low||1257.43||52wk Low Date||2018-06-01|