Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
NASDAQ TAIWAN LG-CAP TRUST INDEX (NASDAQ:NQTWLCT)
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 NQTWLCT
The long term trend has been DOWN since Apr 24th, 2018 at 1704.41
The intermediate term trend has been DOWN since Jun 19th, 2018 at 1707.40
The short term trend has been UP since Jul 8th, 2018 at 1708.00
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|