Index Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
NASDAQ TAIWAN SM-CAP TRUST INDEX (NASDAQ:NQTWSCT)
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 NQTWSCT
The long term trend has been DOWN since Jul 5th, 2018 at 1643.52
The intermediate term trend has been UP since Nov 15th, 2018 at 1500.41
The short term trend has been DOWN since Dec 6th, 2018 at 1536.94
Smart Scan Analysis for NQTWSCT
Based on a pre-defined weighted trend formula for chart analysis, NQTWSCT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1811.93||52wk High Date||2018-06-07|
|52wk Low||1391.2||52wk Low Date||2018-10-30|