Index Trend Analysis Report
Prepared for you on Sunday, September 24, 2017.
NASDAQ NETHERLANDS CONSUMER GOODS TRUST INDEX (NASDAQ:NQNL3000T)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 NQNL3000T
The long term trend has been UP since Feb 17th, 2017 at 1356.57
The intermediate term trend has been DOWN since Sep 21st, 2017 at 1865.31
The short term trend has been DOWN since Sep 20th, 2017 at 1894.43
Smart Scan Analysis for NQNL3000T
Based on a pre-defined weighted trend formula for chart analysis, NQNL3000T scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1937.29||52wk High Date||2017-09-11|
|52wk Low||1221.86||52wk Low Date||2016-11-24|