Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
NASDAQ EM EUROPE SM-CAP NTR INDEX (NASDAQ:NQEMEUSCN)
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 NQEMEUSCN
The long term trend has been DOWN since Apr 6th, 2018 at 1103.05
The intermediate term trend has been UP since Nov 7th, 2018 at 730.68
The short term trend has been UP since Nov 15th, 2018 at 707.10
Smart Scan Analysis for NQEMEUSCN
Based on a pre-defined weighted trend formula for chart analysis, NQEMEUSCN scored +70 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|