Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
NASDAQ EM EUROPE CONSUMER SERVICES INDEX (NASDAQ:NQEMEU5000)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 Feb 6th, 2017 at 1134.02
The intermediate term trend has been DOWN since Sep 21st, 2017 at 1476.69
The short term trend has been DOWN since Oct 17th, 2017 at 1437.66
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||1013.76||52wk Low Date||2016-12-02|