Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
S&P TSX EQUAL WEIGHT GLOBAL GOLD INDEX (TSE:TXGE)
Long-Term Uptrend (+90) - TXGE is in a strong uptrend that is likely to continue. While TXGE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Apr 23rd, 2020 at 1774.66
The intermediate-term trend has been UP since Jun 22nd, 2020 at 1904.07
The short-term trend has been UP since Aug 4th, 2020 at 2423.02
Smart Scan Analysis for TXGE
Based on our trend formula, TXGE is rated as a +90 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|