Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
NASDAQ EM EUROPE FOOD & BEVERAGE NTR IND (NASDAQ:NQEMEU3500N)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 NQEMEU3500N
The long term trend has been DOWN since Sep 21st, 2017 at 596.28
The intermediate term trend has been DOWN since Nov 10th, 2017 at 535.23
The short term trend has been UP since Dec 4th, 2017 at 526.51
Smart Scan Analysis for NQEMEU3500N
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU3500N scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||654.76||52wk High Date||2017-06-23|
|52wk Low||476.85||52wk Low Date||2017-01-11|