Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
N Automobiles & Parts EUR PI (NASDAQ:N3300EURPI)
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 N3300EURPI
The long term trend has been DOWN since May 7th, 2019 at 1115.47
The intermediate term trend has been UP since Jun 18th, 2019 at 1029.35
The short term trend has been UP since Jul 12th, 2019 at 1019.91
Smart Scan Analysis for N3300EURPI
Based on a pre-defined weighted trend formula for chart analysis, N3300EURPI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).