Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
NASDAQ EM MEA REAL ESTATE TRUST INDEX (NASDAQ:NQEMMEA8600T)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 NQEMMEA8600T
The long term trend has been DOWN since May 18th, 2018 at 1055.60
The intermediate term trend has been DOWN since Oct 8th, 2018 at 817.91
The short term trend has been UP since Oct 9th, 2018 at 838.59
Smart Scan Analysis for NQEMMEA8600T
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA8600T scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1247.38||52wk High Date||2018-01-26|
|52wk Low||811.8||52wk Low Date||2018-09-05|