Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
NASDAQ TAIWAN CONSUMER SERVICES INDEX (NASDAQ:NQTW5000)
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 NQTW5000
The long term trend has been DOWN since Mar 22nd, 2018 at 1181.94
The intermediate term trend has been UP since Aug 28th, 2018 at 1113.91
The short term trend has been DOWN since Sep 20th, 2018 at 1129.10
Smart Scan Analysis for NQTW5000
Based on a pre-defined weighted trend formula for chart analysis, NQTW5000 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1323.27||52wk High Date||2018-01-25|
|52wk Low||1064.37||52wk Low Date||2018-08-20|