Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
NASDAQ EM EUROPE SM-CAP NTR INDEX (NASDAQ:NQEMEUSCN)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NQEMEUSCN
The long term trend has been DOWN since Apr 6th, 2018 at 1103.05
The intermediate term trend has been UP since Sep 24th, 2018 at 705.33
The short term trend has been UP since Oct 12th, 2018 at 694.23
Smart Scan Analysis for NQEMEUSCN
Based on a pre-defined weighted trend formula for chart analysis, NQEMEUSCN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1217.75||52wk High Date||2018-01-25|
|52wk Low||642.59||52wk Low Date||2018-08-13|