Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
WORLD ALTERNATIVE ENERGY INDEX CW (EUR) (CME:WAEXPC)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 WAEXPC
The long term trend has been UP since May 9th, 2018 at 2247.07
The intermediate term trend has been DOWN since Jun 21st, 2018 at 2271.56
The short term trend has been DOWN since Jun 18th, 2018 at 2323.47
Smart Scan Analysis for WAEXPC
Based on a pre-defined weighted trend formula for chart analysis, WAEXPC scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2424.14||52wk High Date||2017-11-01|
|52wk Low||2067.87||52wk Low Date||2017-08-29|