Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
NASDAQ TAIWAN LG-CAP INDEX (NASDAQ:NQTWLC)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 NQTWLC
The long term trend has been DOWN since Apr 24th, 2018 at 1432.43
The intermediate term trend has been DOWN since Jun 19th, 2018 at 1434.94
The short term trend has been UP since Jul 13th, 2018 at 1425.15
Smart Scan Analysis for NQTWLC
Based on a pre-defined weighted trend formula for chart analysis, NQTWLC scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1603.28||52wk High Date||2018-01-23|
|52wk Low||1379.75||52wk Low Date||2018-06-28|