Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
NASDAQ EM EUROPE CONSUMER SERVICES INDEX (NASDAQ:NQEMEU5000)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 NQEMEU5000
The long term trend has been DOWN since Nov 3rd, 2017 at 1369.10
The intermediate term trend has been UP since Dec 8th, 2017 at 1357.38
The short term trend has been UP since Dec 4th, 2017 at 1326.46
Smart Scan Analysis for NQEMEU5000
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU5000 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1560.17||52wk High Date||2017-09-08|
|52wk Low||1037.55||52wk Low Date||2017-01-11|