Index Trend Analysis Report
Prepared for you on Sunday, May 28, 2017.
NASDAQ FRANCE NTR INDEX (NASDAQ:NQFRN)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NQFRN
The long term trend has been UP since Jan 2nd, 2017 at 1279.84
The intermediate term trend has been UP since Apr 20th, 2017 at 1372.40
The short term trend has been DOWN since May 26th, 2017 at 1515.57
Smart Scan Analysis for NQFRN
Based on a pre-defined weighted trend formula for chart analysis, NQFRN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1535.51||52wk High Date||2017-05-25|
|52wk Low||1081.19||52wk Low Date||2016-06-27|