Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
NASDAQ EM EUROPE MID-CAP NTR INDEX (NASDAQ:NQEMEUMCN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQEMEUMCN
The long term trend has been DOWN since Nov 15th, 2017 at 1075.12
The intermediate term trend has been DOWN since Nov 13th, 2017 at 1089.26
The short term trend has been UP since Dec 5th, 2017 at 1090.85
Smart Scan Analysis for NQEMEUMCN
Based on a pre-defined weighted trend formula for chart analysis, NQEMEUMCN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1166.28||52wk High Date||2017-09-08|
|52wk Low||855.82||52wk Low Date||2016-12-23|