Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
NASDAQ THAILAND TELECOM TRUST INDEX (NASDAQ:NQTH6000T)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 NQTH6000T
The long term trend has been UP since Mar 1st, 2017 at 778.75
The intermediate term trend has been DOWN since Feb 8th, 2018 at 927.95
The short term trend has been DOWN since Feb 16th, 2018 at 955.50
Smart Scan Analysis for NQTH6000T
Based on a pre-defined weighted trend formula for chart analysis, NQTH6000T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1004.28||52wk High Date||2018-01-25|
|52wk Low||749.3||52wk Low Date||2017-02-22|