Index Trend Analysis Report
Prepared for you on Sunday, July 15, 2018.
NASDAQ EM EUROPE BASIC RESOURCES INDEX (NASDAQ:NQEMEU1700)
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 NQEMEU1700
The long term trend has been DOWN since Apr 9th, 2018 at 850.97
The intermediate term trend has been UP since Jul 9th, 2018 at 848.50
The short term trend has been DOWN since Jul 11th, 2018 at 838.38
Smart Scan Analysis for NQEMEU1700
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU1700 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||968.06||52wk High Date||2018-02-27|
|52wk Low||742.4||52wk Low Date||2018-04-10|