Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
NASDAQ EUROPE RETAIL TRUST INDEX (NASDAQ:NQEU5300T)
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 NQEU5300T
The long term trend has been UP since May 22nd, 2018 at 1316.62
The intermediate term trend has been UP since Apr 9th, 2018 at 1229.11
The short term trend has been DOWN since May 23rd, 2018 at 1295.19
Smart Scan Analysis for NQEU5300T
Based on a pre-defined weighted trend formula for chart analysis, NQEU5300T scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1340.11||52wk High Date||2018-01-26|
|52wk Low||1159.42||52wk Low Date||2017-06-21|