Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
NASDAQ EM EUROPE CONSUMER SERVICES NTR INDEX (NASDAQ:NQEMEU5000N)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NQEMEU5000N
The long term trend has been DOWN since Apr 9th, 2018 at 1456.28
The intermediate term trend has been UP since Nov 6th, 2018 at 1038.82
The short term trend has been UP since Nov 14th, 2018 at 1019.58
Smart Scan Analysis for NQEMEU5000N
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU5000N scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1612||52wk High Date||2018-01-05|
|52wk Low||909.38||52wk Low Date||2018-08-13|