Index Trend Analysis Report
Prepared for you on Sunday, February 18, 2018.
NASDAQ EM EUROPE CONSUMER SERVICES INDEX (NASDAQ:NQEMEU5000)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 UP since Jan 4th, 2018 at 1489.29
The intermediate term trend has been DOWN since Jan 22nd, 2018 at 1441.11
The short term trend has been UP since Feb 13th, 2018 at 1402.03
Smart Scan Analysis for NQEMEU5000
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU5000 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1560.17||52wk High Date||2017-09-08|
|52wk Low||1063.5||52wk Low Date||2017-03-13|