Index Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
NASDAQ EUROZONE AUTO & PARTS TRUST INDEX (NASDAQ:NQEURO3300T)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQEURO3300T
The long term trend has been UP since Dec 8th, 2016 at 1464.96
The intermediate term trend has been DOWN since May 23rd, 2018 at 1933.23
The short term trend has been DOWN since May 23rd, 2018 at 1946.93
Smart Scan Analysis for NQEURO3300T
Based on a pre-defined weighted trend formula for chart analysis, NQEURO3300T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2150.55||52wk High Date||2018-01-24|
|52wk Low||1598.14||52wk Low Date||2017-06-15|