Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
NASDAQ EM MEA RETAIL NTR INDEX (NASDAQ:NQEMMEA5300N)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQEMMEA5300N
The long term trend has been DOWN since May 18th, 2018 at 1110.77
The intermediate term trend has been DOWN since Mar 19th, 2018 at 1238.83
The short term trend has been DOWN since May 15th, 2018 at 1157.77
Smart Scan Analysis for NQEMMEA5300N
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA5300N scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1361.65||52wk High Date||2018-03-06|
|52wk Low||815.54||52wk Low Date||2017-07-11|