Index Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
OMX COPENHAGEN CONSTRUCTION & MATERIALS (NASDAQ:CX2300GI)
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 CX2300GI
The long term trend has been DOWN since Oct 9th, 2018 at 2147.15
The intermediate term trend has been UP since Jan 8th, 2019 at 1612.60
The short term trend has been DOWN since Jan 14th, 2019 at 1631.27
Smart Scan Analysis for CX2300GI
Based on a pre-defined weighted trend formula for chart analysis, CX2300GI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2434.86||52wk High Date||2018-08-31|
|52wk Low||1549.14||52wk Low Date||2018-02-06|