Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
NASDAQ EM MEA REAL ESTATE INDEX (NASDAQ:NQEMMEA8600)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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 NQEMMEA8600
The long term trend has been DOWN since May 15th, 2018 at 789.60
The intermediate term trend has been DOWN since May 2nd, 2018 at 816.16
The short term trend has been DOWN since Oct 23rd, 2018 at 606.00
Smart Scan Analysis for NQEMMEA8600
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA8600 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||933.05||52wk High Date||2018-01-26|
|52wk Low||572.23||52wk Low Date||2018-10-08|