Index Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
N Consumer Discretionary EUR GI (NASDAQ:N40EURGI)
Strong Downtrend (-100) - N40EURGI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, N40EURGI continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid N40EURGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for N40EURGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for N40EURGI
The long-term trend has been DOWN since Jan 24th, 2022 at 1535.81
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 1321.65
The short-term trend has been DOWN since May 24th, 2022 at 1287.18
Smart Scan Analysis for N40EURGI
Based on our trend formula, N40EURGI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).