Index Trend Analysis Report
Prepared for you on Wednesday, October 16, 2019.
NASDAQ OMX Green Economy Europe USD (NASDAQ:GRNEUROPE)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 GRNEUROPE
The long term trend has been UP since Jun 20th, 2019 at 1316.79
The intermediate term trend has been UP since Oct 15th, 2019 at 1329.40
The short term trend has been UP since Oct 8th, 2019 at 1302.70
Smart Scan Analysis for GRNEUROPE
Based on a pre-defined weighted trend formula for chart analysis, GRNEUROPE scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1446.18000000||52wk High Date||2018-01-25|
|52wk Low||1149.15000000||52wk Low Date||2018-10-26|