Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
NASDAQ EM EUROPE INDUSTRIES NTR INDEX (NASDAQ:NQEMEU2000N)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 NQEMEU2000N
The long term trend has been DOWN since Sep 25th, 2017 at 795.38
The intermediate term trend has been DOWN since Jul 12th, 2018 at 458.92
The short term trend has been UP since Jul 17th, 2018 at 494.95
Smart Scan Analysis for NQEMEU2000N
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU2000N scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||908.7||52wk High Date||2017-08-29|
|52wk Low||456.14||52wk Low Date||2018-07-12|