Index Trend Analysis Report
Prepared for you on Monday, June 25, 2018.
NASDAQ EUROZONE MEDIA TRUST INDEX (NASDAQ:NQEURO5500T)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 NQEURO5500T
The long term trend has been DOWN since Mar 2nd, 2018 at 1882.67
The intermediate term trend has been DOWN since May 21st, 2018 at 1902.69
The short term trend has been UP since Jun 22nd, 2018 at 1837.61
Smart Scan Analysis for NQEURO5500T
Based on a pre-defined weighted trend formula for chart analysis, NQEURO5500T scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2061.34||52wk High Date||2018-01-23|
|52wk Low||1758.26||52wk Low Date||2017-07-07|