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Index Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

World Bioenergy Index (USD) (CME:BIOXPD)

Long-Term Downtrend (-90) - BIOXPD is in a strong downtrend that is likely to continue. While BIOXPD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BIOXPD?

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

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

CME_BIOXPD
Open High Low BIOXPD Price Change
131.49 131.69 131.19 131.66 +0.11
Entry Signal

MarketClub’s Trade Triangles for BIOXPD

long term down The long-term trend has been DOWN since Dec 15th, 2021 at 143.19

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2022 at 141.91

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 145.04

Smart Scan Analysis for BIOXPD

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

-90
Smart Scan Analysis for BIOXPD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
131.49 131.69 131.19 131.66 +0.11
Prev. Close Volume Bid Ask Time
131.55 0 2022-01-28 03:07:32
52wk High120.8952wk High Date2018-01-29
52wk Low87.3352wk Low Date2018-07-05
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