Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
N Banks EUR GI (NASDAQ:N8300EURGI)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 N8300EURGI
The long term trend has been DOWN since Feb 21st, 2019 at 1771.78
The intermediate term trend has been UP since Apr 15th, 2019 at 1885.29
The short term trend has been UP since Apr 3rd, 2019 at 1816.46
Smart Scan Analysis for N8300EURGI
Based on a pre-defined weighted trend formula for chart analysis, N8300EURGI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).