Index Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
NASDAQ FRANCE NTR INDEX (NASDAQ:NQFRN)
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 NQFRN
The long term trend has been UP since Jan 2nd, 2017 at 1279.84
The intermediate term trend has been DOWN since Feb 5th, 2018 at 1733.60
The short term trend has been DOWN since Feb 21st, 2018 at 1688.49
Smart Scan Analysis for NQFRN
Based on a pre-defined weighted trend formula for chart analysis, NQFRN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1788.48||52wk High Date||2018-01-26|
|52wk Low||1272.21||52wk Low Date||2017-02-24|