Index Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
NASDAQ EM EUROPE BANKS TRUST INDEX (NASDAQ:NQEMEU8300T)
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 NQEMEU8300T
The long term trend has been UP since Jan 2nd, 2018 at 1072.84
The intermediate term trend has been DOWN since Mar 9th, 2018 at 1089.02
The short term trend has been DOWN since Mar 9th, 2018 at 1093.62
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||856.29||52wk Low Date||2017-03-31|