Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
NASDAQ THAILAND FINANCIALS INDEX (NASDAQ:NQTH8000)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 NQTH8000
The long term trend has been DOWN since Apr 4th, 2018 at 1127.40
The intermediate term trend has been UP since Jul 20th, 2018 at 1015.23
The short term trend has been DOWN since Aug 12th, 2018 at 1082.16
Smart Scan Analysis for NQTH8000
Based on a pre-defined weighted trend formula for chart analysis, NQTH8000 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1235.24||52wk High Date||2018-01-25|
|52wk Low||974.39||52wk Low Date||2017-08-16|