Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
WORLD ALTERNATIVE ENERGY INDEX CW (EUR) (CME:WAEXPC)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 DOWN since Oct 5th, 2018 at 2185.65
The intermediate term trend has been UP since Nov 7th, 2018 at 2167.66
The short term trend has been DOWN since Dec 5th, 2018 at 2186.83
Smart Scan Analysis for WAEXPC
Based on a pre-defined weighted trend formula for chart analysis, WAEXPC scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2375.15||52wk High Date||2018-01-09|
|52wk Low||2001.03||52wk Low Date||2018-10-25|