Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
NASDAQ THAILAND LG-CAP TRUST INDEX (NASDAQ:NQTHLCT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 NQTHLCT
The long term trend has been UP since Sep 19th, 2018 at 1399.91
The intermediate term trend has been DOWN since Oct 8th, 2018 at 1351.28
The short term trend has been UP since Oct 10th, 2018 at 1356.55
Smart Scan Analysis for NQTHLCT
Based on a pre-defined weighted trend formula for chart analysis, NQTHLCT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1489.88||52wk High Date||2018-03-14|
|52wk Low||1210.65||52wk Low Date||2017-10-20|