Index Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
N Industrial Goods & Services EUR PI (NASDAQ:N2700EURPI)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 N2700EURPI
The long term trend has been UP since Jan 8th, 2019 at 1392.99
The intermediate term trend has been DOWN since Jul 18th, 2019 at 1563.63
The short term trend has been UP since Jul 23rd, 2019 at 1586.38
Smart Scan Analysis for N2700EURPI
Based on a pre-defined weighted trend formula for chart analysis, N2700EURPI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).