Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
NASDAQ EUROPE TECH INDEX (NASDAQ:NQEU9000)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 NQEU9000
The long term trend has been DOWN since Aug 15th, 2018 at 1821.23
The intermediate term trend has been DOWN since Sep 7th, 2018 at 1796.63
The short term trend has been UP since Sep 11th, 2018 at 1835.43
Smart Scan Analysis for NQEU9000
Based on a pre-defined weighted trend formula for chart analysis, NQEU9000 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2013||52wk High Date||2018-06-15|
|52wk Low||1720.63||52wk Low Date||2017-09-27|