Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NASDAQ EMERGING MARKETS NTR INDEX (NASDAQ:NQEMN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Apr 25th, 2018 at 1324.24
The intermediate term trend has been DOWN since Aug 13th, 2018 at 1259.34
The short term trend has been UP since Sep 13th, 2018 at 1205.10
Smart Scan Analysis for NQEMN
Based on a pre-defined weighted trend formula for chart analysis, NQEMN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1465.74||52wk High Date||2018-01-29|
|52wk Low||1187.59||52wk Low Date||2018-09-12|