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Index Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

World Bioenergy Index (EUR) (CME:BIOXP)

Long-Term Uptrend (+90) - BIOXP is in a strong uptrend that is likely to continue. While BIOXP 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 BIOXP?

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

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

CME_BIOXP
Open High Low BIOXP Price Change
131.65 132.06 129.69 129.97 -1.27
Entry Signal

MarketClub’s Trade Triangles for BIOXP

long term up The long-term trend has been UP since Nov 7th, 2019 at 110.51

intermediate term up The intermediate-term trend has been UP since Feb 5th, 2020 at 127.25

short term up The short-term trend has been UP since Feb 20th, 2020 at 132.60

Smart Scan Analysis for BIOXP

Based on our trend formula, BIOXP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BIOXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
131.65 132.06 129.69 129.97 -1.27
Prev. Close Volume Bid Ask Time
122.89 0 2020-02-21 16:50:02
52wk High124.4252wk High Date2018-01-12
52wk Low94.9352wk Low Date2018-07-05
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