Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
NASDAQ EM EUROPE NTR INDEX (NASDAQ:NQEMEUN)
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 NQEMEUN
The long term trend has been UP since Mar 7th, 2016 at 705.16
The intermediate term trend has been UP since Oct 13th, 2017 at 975.38
The short term trend has been DOWN since Oct 17th, 2017 at 967.36
Smart Scan Analysis for NQEMEUN
Based on a pre-defined weighted trend formula for chart analysis, NQEMEUN scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||981.57||52wk High Date||2017-10-16|
|52wk Low||742.46||52wk Low Date||2016-11-14|