Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
NASDAQ NETHERLANDS SM-CAP TRUST INDEX (NASDAQ:NQNLSCT)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NQNLSCT
The long term trend has been UP since Feb 1st, 2017 at 1578.70
The intermediate term trend has been UP since Dec 6th, 2016 at 1487.51
The short term trend has been DOWN since Dec 4th, 2017 at 2139.08
Smart Scan Analysis for NQNLSCT
Based on a pre-defined weighted trend formula for chart analysis, NQNLSCT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2174.63||52wk High Date||2017-11-27|
|52wk Low||1478.43||52wk Low Date||2016-12-15|