Index Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
N Real Estate EUR PI (NASDAQ:N8600EURPI)
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 N8600EURPI
The long term trend has been UP since Jan 8th, 2019 at 2056.30
The intermediate term trend has been DOWN since Sep 10th, 2019 at 2546.58
The short term trend has been UP since Sep 18th, 2019 at 2567.92
Smart Scan Analysis for N8600EURPI
Based on a pre-defined weighted trend formula for chart analysis, N8600EURPI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).