Index Trend Analysis Report
Prepared for you on Wednesday, December 19, 2018.
OMX COPENHAGEN HEALTH CARE PI (NASDAQ:CX4000PI)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 CX4000PI
The long term trend has been DOWN since Oct 4th, 2018 at 2831.24
The intermediate term trend has been UP since Dec 11th, 2018 at 2723.89
The short term trend has been DOWN since Dec 19th, 2018 at 2706.34
Smart Scan Analysis for CX4000PI
Based on a pre-defined weighted trend formula for chart analysis, CX4000PI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3182.55||52wk High Date||2018-07-30|
|52wk Low||2506.33||52wk Low Date||2018-02-06|