Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
NASDAQ FRANCE MID-CAP TRUST INDEX (NASDAQ:NQFRMCT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 NQFRMCT
The long term trend has been DOWN since Apr 4th, 2018 at 2107.19
The intermediate term trend has been UP since Jul 9th, 2018 at 2137.64
The short term trend has been DOWN since Jul 18th, 2018 at 2137.40
Smart Scan Analysis for NQFRMCT
Based on a pre-defined weighted trend formula for chart analysis, NQFRMCT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2341.05||52wk High Date||2018-01-25|
|52wk Low||1948.62||52wk Low Date||2017-08-11|