Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P TSX EQUAL WEIGHT GLOBAL GOLD INDEX (TSE:TXGE)
Weak Downtrend (-65) - TXGE is showing signs of a strengthening downtrend. Monitor TXGE as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TXGE?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXGE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TXGE
The long-term trend has been DOWN since Feb 28th, 2020 at 1422.35
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 1526.05
The short-term trend has been UP since Apr 2nd, 2020 at 1318.97
Smart Scan Analysis for TXGE
Based on our trend formula, TXGE is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1239.74||52wk High Date||2018-01-24|
|52wk Low||901.79||52wk Low Date||2018-11-13|