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Index Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

WORLD BIOENERGY TOTAL RETURN INDEX (EUR) (CME:BIOX)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.

CME_BIOX
Open High Low BIOX Price Change
128.13 129.04 127.94 128.13 -0.57
Entry Signal

MarketClub’s Trade Triangles for BIOX

long term up The long term trend has been UP since Feb 6th, 2019 at 129.30

intermediate term down The intermediate term trend has been DOWN since Feb 27th, 2019 at 126.11

short term down The short term trend has been DOWN since Mar 20th, 2019 at 128.38

Smart Scan Analysis for BIOX

Based on a pre-defined weighted trend formula for chart analysis, BIOX scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for BIOX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.13 129.04 127.94 128.13 -0.57
Prev. Close Volume Bid Ask Time
127.14 0 2019-03-20 09:12:17
52wk High136.9852wk High Date2018-01-12
52wk Low104.8652wk Low Date2018-04-04
Want to analyze WORLD BIOENERGY TOTAL RETURN INDEX (EUR) BIOX or another symbol? Try our Free Index Trend Analysis Report.