Index Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
NASDAQ EM EUROPE FOOD & BEVERAGE TRUST INDE (NASDAQ:NQEMEU3500T)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Sep 21st, 2017 at 601.38
The intermediate term trend has been DOWN since Sep 13th, 2017 at 625.97
The short term trend has been DOWN since Oct 23rd, 2017 at 551.36
Smart Scan Analysis for NQEMEU3500T
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU3500T scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||660.36||52wk High Date||2017-06-23|
|52wk Low||480.22||52wk Low Date||2017-01-11|