Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
NASDAQ EUROPE PSNL & HHLD GOODS TRUST INDEX (NASDAQ:NQEU3700T)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 NQEU3700T
The long term trend has been UP since Feb 9th, 2017 at 1406.03
The intermediate term trend has been UP since Oct 11th, 2017 at 1689.68
The short term trend has been DOWN since Oct 17th, 2017 at 1697.38
Smart Scan Analysis for NQEU3700T
Based on a pre-defined weighted trend formula for chart analysis, NQEU3700T scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1716.23||52wk High Date||2017-10-13|
|52wk Low||1257.56||52wk Low Date||2016-11-23|