Index Trend Analysis Report
Prepared for you on Thursday, November 21, 2019.
N Media EUR PI (NASDAQ:N5500EURPI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 N5500EURPI
The long term trend has been UP since Sep 17th, 2019 at 638.59
The intermediate term trend has been UP since Oct 23rd, 2019 at 643.99
The short term trend has been DOWN since Nov 20th, 2019 at 683.58
Smart Scan Analysis for N5500EURPI
Based on a pre-defined weighted trend formula for chart analysis, N5500EURPI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).