Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
NASDAQ EMERGING MARKETS NTR INDEX (NASDAQ:NQEMN)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 NQEMN
The long term trend has been UP since Feb 1st, 2017 at 1051.01
The intermediate term trend has been DOWN since Dec 6th, 2017 at 1264.28
The short term trend has been DOWN since Dec 6th, 2017 at 1274.95
Smart Scan Analysis for NQEMN
Based on a pre-defined weighted trend formula for chart analysis, NQEMN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1312.98||52wk High Date||2017-11-23|
|52wk Low||961.78||52wk Low Date||2016-12-23|