Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
NASDAQ EM MEA TRAVEL & LEISURE NTR INDEX (NASDAQ:NQEMMEA5700N)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NQEMMEA5700N
The long term trend has been DOWN since Apr 11th, 2018 at 864.03
The intermediate term trend has been UP since Nov 2nd, 2018 at 703.94
The short term trend has been UP since Nov 21st, 2018 at 709.59
Smart Scan Analysis for NQEMMEA5700N
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA5700N scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1042.41||52wk High Date||2018-02-27|
|52wk Low||621.06||52wk Low Date||2018-09-05|