Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
NASDAQ FRANCE LG-CAP INDEX (NASDAQ:NQFRLC)
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 NQFRLC
The long term trend has been UP since Dec 30th, 2016 at 1136.11
The intermediate term trend has been DOWN since Feb 5th, 2018 at 1486.86
The short term trend has been DOWN since Feb 21st, 2018 at 1446.82
Smart Scan Analysis for NQFRLC
Based on a pre-defined weighted trend formula for chart analysis, NQFRLC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1534.23||52wk High Date||2018-01-26|
|52wk Low||1125.11||52wk Low Date||2017-02-24|