Index Trend Analysis Report
Prepared for you on Monday, January 25, 2021.
SGI World Champions Index NTR Euro currency TC/RC/MF Index (CME:SGIXWC)
Bull Market Weakness (+75) - SGIXWC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SGIXWC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SGIXWC?
MarketClub looks at technical strength and momentum to determine if the timing is right for SGIXWC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SGIXWC
The long-term trend has been UP since Jun 5th, 2020 at 1455.42
The intermediate-term trend has been UP since Jan 11th, 2021 at 1595.76
The short-term trend has been DOWN since Jan 20th, 2021 at 1584.52
Smart Scan Analysis for SGIXWC
Based on our trend formula, SGIXWC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).