Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
NASDAQ TAIWAN MID-CAP TRUST INDEX (NASDAQ:NQTWMCT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 NQTWMCT
The long term trend has been UP since Jan 25th, 2017 at 1154.07
The intermediate term trend has been DOWN since Dec 6th, 2017 at 1279.48
The short term trend has been DOWN since Nov 26th, 2017 at 1313.39
Smart Scan Analysis for NQTWMCT
Based on a pre-defined weighted trend formula for chart analysis, NQTWMCT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1327.37||52wk High Date||2017-11-22|
|52wk Low||1069.79||52wk Low Date||2016-12-27|