Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
NASDAQ EM EUROPE FINANCIALS INDEX (NASDAQ:NQEMEU8000)
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 NQEMEU8000
The long term trend has been DOWN since Apr 4th, 2018 at 890.16
The intermediate term trend has been UP since Sep 24th, 2018 at 623.31
The short term trend has been UP since Oct 12th, 2018 at 612.91
Smart Scan Analysis for NQEMEU8000
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU8000 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1039.77||52wk High Date||2018-01-26|
|52wk Low||576.69||52wk Low Date||2018-08-13|