Index Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
N Telecommunications EUR PI (NASDAQ:N6000EURPI)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 N6000EURPI
The long term trend has been DOWN since Dec 2nd, 2019 at 1064.77
The intermediate term trend has been DOWN since Jan 15th, 2020 at 1074.23
The short term trend has been UP since Jan 17th, 2020 at 1091.29
Smart Scan Analysis for N6000EURPI
Based on a pre-defined weighted trend formula for chart analysis, N6000EURPI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).