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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.

TSE_TXGE
Open High Low TXGE Price Change
2392.77 2406.59 2331.93 2351.70 -85.02
Entry Signal

MarketClub’s Trade Triangles for TXGE

long term up The long-term trend has been UP since Apr 23rd, 2020 at 1774.66

intermediate term up The intermediate-term trend has been UP since Jun 22nd, 2020 at 1904.07

short term up 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).

+90
Smart Scan Analysis for TXGE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2392.77 2406.59 2331.93 2351.70 -85.02
Prev. Close Volume Bid Ask Time
1787.29 47126689 2020-08-07 13:48:17
52wk High1239.7452wk High Date2018-01-24
52wk Low901.7952wk Low Date2018-11-13
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