Index Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
NASDAQ THAILAND SM-CAP TRUST INDEX (NASDAQ:NQTHSCT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 NQTHSCT
The long term trend has been DOWN since Nov 12th, 2018 at 1302.76
The intermediate term trend has been DOWN since Oct 8th, 2018 at 1424.20
The short term trend has been UP since Nov 26th, 2018 at 1262.50
Smart Scan Analysis for NQTHSCT
Based on a pre-defined weighted trend formula for chart analysis, NQTHSCT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1615.14||52wk High Date||2018-01-25|
|52wk Low||1233.31||52wk Low Date||2018-11-21|