Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
NASDAQ EM MEA HEALTH CARE TRUST INDEX (NASDAQ:NQEMMEA4000T)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQEMMEA4000T
The long term trend has been DOWN since Nov 15th, 2017 at 1084.99
The intermediate term trend has been DOWN since Dec 7th, 2017 at 1072.85
The short term trend has been UP since Dec 14th, 2017 at 1088.81
Smart Scan Analysis for NQEMMEA4000T
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA4000T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1329.84||52wk High Date||2017-02-15|
|52wk Low||1053.83||52wk Low Date||2017-12-08|