Index Trend Analysis Report
Prepared for you on Saturday, February 17, 2018.
OMX COPENHAGEN FOOD & BEVERAGE GI (NASDAQ:CX3500GI)
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 CX3500GI
The long term trend has been DOWN since Feb 6th, 2018 at 1705.22
The intermediate term trend has been DOWN since Feb 6th, 2018 at 1726.32
The short term trend has been UP since Feb 14th, 2018 at 1679.83
Smart Scan Analysis for CX3500GI
Based on a pre-defined weighted trend formula for chart analysis, CX3500GI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1822.16||52wk High Date||2018-02-01|
|52wk Low||1407.51||52wk Low Date||2017-02-16|