Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
NASDAQ TAIWAN LG-CAP TRUST INDEX (NASDAQ:NQTWLCT)
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 NQTWLCT
The long term trend has been UP since Aug 1st, 2018 at 1835.03
The intermediate term trend has been UP since Aug 28th, 2018 at 1838.52
The short term trend has been DOWN since Sep 17th, 2018 at 1808.07
Smart Scan Analysis for NQTWLCT
Based on a pre-defined weighted trend formula for chart analysis, NQTWLCT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1907.7||52wk High Date||2018-01-23|
|52wk Low||1654.21||52wk Low Date||2017-09-28|