Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
NASDAQ EM MEA TRAVEL & LEISURE NTR INDEX (NASDAQ:NQEMMEA5700N)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 NQEMMEA5700N
The long term trend has been UP since Dec 19th, 2017 at 827.12
The intermediate term trend has been DOWN since Mar 14th, 2018 at 958.39
The short term trend has been UP since Mar 22nd, 2018 at 949.44
Smart Scan Analysis for NQEMMEA5700N
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA5700N scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1081.95||52wk High Date||2017-03-22|
|52wk Low||636.91||52wk Low Date||2017-11-16|