Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NASDAQ EUROPE PSNL & HHLD GOODS TRUST INDEX (NASDAQ:NQEU3700T)
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 NQEU3700T
The long term trend has been DOWN since Sep 7th, 2018 at 1585.69
The intermediate term trend has been DOWN since Sep 5th, 2018 at 1603.06
The short term trend has been UP since Sep 20th, 2018 at 1628.31
Smart Scan Analysis for NQEU3700T
Based on a pre-defined weighted trend formula for chart analysis, NQEU3700T scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1750.71||52wk High Date||2018-01-24|
|52wk Low||1561.92||52wk Low Date||2018-03-05|