Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
WORLD ALTERNATIVE ENERGY INDEX CW (EUR) (CME:WAEXPC)
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 WAEXPC
The long term trend has been UP since Sep 20th, 2017 at 2214.36
The intermediate term trend has been UP since Sep 11th, 2017 at 2171.28
The short term trend has been DOWN since Nov 23rd, 2017 at 2318.55
Smart Scan Analysis for WAEXPC
Based on a pre-defined weighted trend formula for chart analysis, WAEXPC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2424.14||52wk High Date||2017-11-01|
|52wk Low||1850.08||52wk Low Date||2016-12-02|