Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
NASDAQ EM EUROPE BANKS TRUST INDEX (NASDAQ:NQEMEU8300T)
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 NQEMEU8300T
The long term trend has been DOWN since Apr 4th, 2018 at 1022.14
The intermediate term trend has been UP since Sep 24th, 2018 at 726.54
The short term trend has been UP since Oct 12th, 2018 at 716.09
Smart Scan Analysis for NQEMEU8300T
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU8300T scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1197.17||52wk High Date||2018-01-26|
|52wk Low||668.3||52wk Low Date||2018-08-13|