Index Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Nasdaq Yewno Global Future Mobility Index EUR TR (NASDAQ:NYGCAREURT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 NYGCAREURT
The long term trend has been UP since Sep 11th, 2019 at 1040.88
The intermediate term trend has been DOWN since Jan 6th, 2020 at 1099.34
The short term trend has been UP since Jan 17th, 2020 at 1118.66
Smart Scan Analysis for NYGCAREURT
Based on a pre-defined weighted trend formula for chart analysis, NYGCAREURT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).