Index Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
NASDAQ FRANCE LG-CAP INDEX (NASDAQ:NQFRLC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NQFRLC
The long term trend has been UP since Dec 30th, 2016 at 1136.11
The intermediate term trend has been UP since Jun 29th, 2017 at 1338.91
The short term trend has been DOWN since Oct 16th, 2017 at 1409.85
Smart Scan Analysis for NQFRLC
Based on a pre-defined weighted trend formula for chart analysis, NQFRLC scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1421.87||52wk High Date||2017-10-12|
|52wk Low||1052.61||52wk Low Date||2016-11-23|