Index Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
NASDAQ EM MEA RETAIL INDEX (NASDAQ:NQEMMEA5300)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 NQEMMEA5300
The long term trend has been UP since Dec 1st, 2017 at 855.74
The intermediate term trend has been DOWN since Mar 19th, 2018 at 1078.26
The short term trend has been UP since Apr 17th, 2018 at 1082.04
Smart Scan Analysis for NQEMMEA5300
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA5300 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1191.3||52wk High Date||2018-03-06|
|52wk Low||717.04||52wk Low Date||2017-11-13|