Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
NASDAQ EM MEA FOOD & BEVERAGE TRUST INDEX (NASDAQ:NQEMMEA3500T)
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 NQEMMEA3500T
The long term trend has been DOWN since Sep 19th, 2017 at 990.34
The intermediate term trend has been UP since Nov 22nd, 2017 at 992.43
The short term trend has been UP since Nov 28th, 2017 at 1017.06
Smart Scan Analysis for NQEMMEA3500T
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA3500T scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1204.61||52wk High Date||2017-03-27|
|52wk Low||936.67||52wk Low Date||2016-12-16|