Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
Morningstar Thailand Index PR THB (CME:MSTHTHBP)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 MSTHTHBP
The long term trend has been UP since Jun 18th, 2019 at 5183.72
The intermediate term trend has been UP since Jun 5th, 2019 at 5074.66
The short term trend has been UP since Jul 19th, 2019 at 5361.79
Smart Scan Analysis for MSTHTHBP
Based on a pre-defined weighted trend formula for chart analysis, MSTHTHBP scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).