Index Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
NASDAQ SPAIN LG-CAP NTR INDEX (NASDAQ:NQESLCN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 NQESLCN
The long term trend has been DOWN since Mar 2nd, 2018 at 1365.61
The intermediate term trend has been UP since Apr 9th, 2018 at 1397.46
The short term trend has been UP since Apr 5th, 2018 at 1375.13
Smart Scan Analysis for NQESLCN
Based on a pre-defined weighted trend formula for chart analysis, NQESLCN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1552.2||52wk High Date||2018-01-25|
|52wk Low||1248.61||52wk Low Date||2017-04-21|