Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
NASDAQ EM EUROPE FOOD & BEVERAGE TRUST INDE (NASDAQ:NQEMEU3500T)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 NQEMEU3500T
The long term trend has been UP since Jan 3rd, 2018 at 583.99
The intermediate term trend has been UP since Dec 18th, 2017 at 545.87
The short term trend has been DOWN since Jan 16th, 2018 at 589.89
Smart Scan Analysis for NQEMEU3500T
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU3500T scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||660.36||52wk High Date||2017-06-23|
|52wk Low||515.72||52wk Low Date||2017-11-30|