Index Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
NASDAQ TAIWAN OIL & GAS INDEX (NASDAQ:NQTW0001)
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 NQTW0001
The long term trend has been DOWN since Feb 5th, 2018 at 779.25
The intermediate term trend has been UP since Mar 13th, 2018 at 824.22
The short term trend has been DOWN since Mar 18th, 2018 at 808.85
Smart Scan Analysis for NQTW0001
Based on a pre-defined weighted trend formula for chart analysis, NQTW0001 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||964.13||52wk High Date||2017-10-18|
|52wk Low||684.88||52wk Low Date||2018-02-09|