Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
NASDAQ EUROPE FINANCIALS TRUST INDEX (NASDAQ:NQEU8000T)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQEU8000T
The long term trend has been DOWN since Apr 4th, 2018 at 1475.60
The intermediate term trend has been DOWN since Oct 8th, 2018 at 1344.66
The short term trend has been DOWN since Oct 18th, 2018 at 1286.81
Smart Scan Analysis for NQEU8000T
Based on a pre-defined weighted trend formula for chart analysis, NQEU8000T scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1657.83||52wk High Date||2018-01-25|
|52wk Low||1286.11||52wk Low Date||2018-10-18|