Index Trend Analysis Report
Prepared for you on Saturday, May 26, 2018.
NASDAQ FRANCE INDUSTRIES INDEX (NASDAQ:NQFR2000)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 NQFR2000
The long term trend has been UP since Jan 5th, 2017 at 1257.68
The intermediate term trend has been DOWN since May 23rd, 2018 at 1789.36
The short term trend has been DOWN since May 23rd, 2018 at 1798.03
Smart Scan Analysis for NQFR2000
Based on a pre-defined weighted trend formula for chart analysis, NQFR2000 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1874.26||52wk High Date||2018-02-01|
|52wk Low||1476.8||52wk Low Date||2017-06-15|