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Index Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

S&P/TSX 60 Index (TSE:TX60)

Sidelines Mode (-55) - TX60 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TX60?

MarketClub looks at technical strength and momentum to determine if the timing is right for TX60.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low TX60 Price Change
818.81 832.53 814.60 831.24 +39.04
Entry Signal

MarketClub’s Trade Triangles for TX60

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 989.43

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 1035.47

short term up The short-term trend has been UP since Apr 6th, 2020 at 809.82

Smart Scan Analysis for TX60

Based on our trend formula, TX60 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TX60
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
818.81 832.53 814.60 831.24 +39.04
Prev. Close Volume Bid Ask Time
798.60 154218877 2020-04-06 15:59:46
52wk High984.4352wk High Date2018-07-13
52wk Low871.6852wk Low Date2018-10-29
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