Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
NASDAQ EM EUROPE FOOD & BEVERAGE NTR IND (NASDAQ:NQEMEU3500N)
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 NQEMEU3500N
The long term trend has been DOWN since Apr 11th, 2018 at 551.58
The intermediate term trend has been DOWN since Mar 23rd, 2018 at 585.57
The short term trend has been UP since Jun 20th, 2018 at 454.19
Smart Scan Analysis for NQEMEU3500N
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU3500N scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||656.36||52wk High Date||2018-01-26|
|52wk Low||437.7||52wk Low Date||2018-06-19|