Index Trend Analysis Report
Prepared for you on Monday, July 23, 2018.
NASDAQ EM MEA HEALTH CARE INDEX (NASDAQ:NQEMMEA4000)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQEMMEA4000
The long term trend has been DOWN since Jun 5th, 2018 at 1050.55
The intermediate term trend has been UP since Jul 9th, 2018 at 1031.24
The short term trend has been DOWN since Jul 12th, 2018 at 995.08
Smart Scan Analysis for NQEMMEA4000
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA4000 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1212.01||52wk High Date||2018-02-15|
|52wk Low||907.63||52wk Low Date||2018-06-28|