Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NASDAQ EM EUROPE BANKS TRUST INDEX (NASDAQ:NQEMEU8300T)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Jul 11th, 2018 at 755.25
The short term trend has been DOWN since Jul 10th, 2018 at 788.85
Smart Scan Analysis for NQEMEU8300T
Based on a pre-defined weighted trend formula for chart analysis, NQEMEU8300T scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1197.17||52wk High Date||2018-01-26|
|52wk Low||738.8||52wk Low Date||2018-07-16|