Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
NASDAQ THAILAND MID-CAP TRUST INDEX (NASDAQ:NQTHMCT)
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 NQTHMCT
The long term trend has been UP since Sep 19th, 2018 at 1503.00
The intermediate term trend has been UP since Nov 2nd, 2018 at 1457.35
The short term trend has been UP since Nov 19th, 2018 at 1421.66
Smart Scan Analysis for NQTHMCT
Based on a pre-defined weighted trend formula for chart analysis, NQTHMCT scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1652.66||52wk High Date||2018-01-25|
|52wk Low||1320.18||52wk Low Date||2018-07-06|