Index Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
NASDAQ THAILAND FINANCIALS INDEX (NASDAQ:NQTH8000)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 UP since Jan 10th, 2017 at 909.46
The intermediate term trend has been UP since Aug 27th, 2017 at 995.30
The short term trend has been DOWN since Jan 18th, 2018 at 1205.80
Smart Scan Analysis for NQTH8000
Based on a pre-defined weighted trend formula for chart analysis, NQTH8000 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1221.4||52wk High Date||2018-01-18|
|52wk Low||885.17||52wk Low Date||2017-01-19|