Index Trend Analysis Report
Prepared for you on Monday, November 20, 2017.
NASDAQ EM MEA SM-CAP INDEX (NASDAQ:NQEMMEASC)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 NQEMMEASC
The long term trend has been DOWN since May 18th, 2017 at 907.99
The intermediate term trend has been DOWN since Oct 25th, 2017 at 884.55
The short term trend has been UP since Nov 17th, 2017 at 860.28
Smart Scan Analysis for NQEMMEASC
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEASC scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1044.97||52wk High Date||2017-03-27|
|52wk Low||840.78||52wk Low Date||2016-11-21|