Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
NASDAQ THAILAND SM-CAP TRUST INDEX (NASDAQ:NQTHSCT)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 NQTHSCT
The long term trend has been DOWN since Mar 7th, 2018 at 1484.08
The intermediate term trend has been UP since Aug 20th, 2018 at 1365.28
The short term trend has been UP since Aug 17th, 2018 at 1340.24
Smart Scan Analysis for NQTHSCT
Based on a pre-defined weighted trend formula for chart analysis, NQTHSCT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1615.14||52wk High Date||2018-01-25|
|52wk Low||1241.25||52wk Low Date||2018-06-29|