Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
NASDAQ EUROPE RETAIL TRUST INDEX (NASDAQ:NQEU5300T)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NQEU5300T
The long term trend has been UP since Mar 21st, 2017 at 1117.26
The intermediate term trend has been UP since Sep 11th, 2017 at 1210.68
The short term trend has been DOWN since Oct 17th, 2017 at 1235.24
Smart Scan Analysis for NQEU5300T
Based on a pre-defined weighted trend formula for chart analysis, NQEU5300T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1252.57||52wk High Date||2017-05-23|
|52wk Low||1060.71||52wk Low Date||2016-12-02|