Index Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
NASDAQ EM EUROPE AUTO & PARTS TRUST INDEX (NASDAQ:NQEMEU3300T)
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 NQEMEU3300T
The long term trend has been DOWN since Sep 27th, 2017 at 1432.54
The intermediate term trend has been DOWN since Sep 18th, 2017 at 1548.57
The short term trend has been UP since Oct 11th, 2017 at 1437.80
Smart Scan Analysis for NQEMEU3300T
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU3300T scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1651.35||52wk High Date||2017-09-08|
|52wk Low||980.42||52wk Low Date||2016-12-02|