Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
NASDAQ TAIWAN LG-CAP INDEX (NASDAQ:NQTWLC)
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 NQTWLC
The long term trend has been UP since Mar 3rd, 2016 at 1037.34
The intermediate term trend has been UP since Mar 11th, 2018 at 1546.66
The short term trend has been DOWN since Mar 22nd, 2018 at 1553.21
Smart Scan Analysis for NQTWLC
Based on a pre-defined weighted trend formula for chart analysis, NQTWLC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1603.28||52wk High Date||2018-01-23|
|52wk Low||1287.5||52wk Low Date||2017-04-20|