Index Trend Analysis Report
Prepared for you on Thursday, January 23, 2020.
S&P Eurozone BMI (US Dollar) (CME:SBBMEZU)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for SBBMEZU
The long term trend has been UP since Oct 17th, 2019 at 141.90
The intermediate term trend has been UP since Dec 12th, 2019 at 145.83
The short term trend has been DOWN since Jan 21st, 2020 at 149.01
Smart Scan Analysis for SBBMEZU
Based on a pre-defined weighted trend formula for chart analysis, SBBMEZU scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||166.3||52wk High Date||2018-01-25|
|52wk Low||127.45||52wk Low Date||2018-10-26|