Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
NASDAQ EMEA BANKS INDEX (NASDAQ:NQEMEA8300)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 NQEMEA8300
The long term trend has been DOWN since Apr 3rd, 2018 at 1052.00
The intermediate term trend has been UP since Nov 16th, 2018 at 854.60
The short term trend has been UP since Nov 16th, 2018 at 835.26
Smart Scan Analysis for NQEMEA8300
Based on a pre-defined weighted trend formula for chart analysis, NQEMEA8300 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1214.53||52wk High Date||2018-01-26|
|52wk Low||783.87||52wk Low Date||2018-10-26|