Index Trend Analysis Report
Prepared for you on Wednesday, May 24, 2017.
NASDAQ FRANCE LG-CAP INDEX (NASDAQ:NQFRLC)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 NQFRLC
The long term trend has been UP since Dec 30th, 2016 at 1136.11
The intermediate term trend has been UP since Apr 20th, 2017 at 1214.42
The short term trend has been UP since May 23rd, 2017 at 1334.42
Smart Scan Analysis for NQFRLC
Based on a pre-defined weighted trend formula for chart analysis, NQFRLC scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1339.32||52wk High Date||2017-05-23|
|52wk Low||961.96||52wk Low Date||2016-06-27|