Index Trend Analysis Report
Prepared for you on Friday, December 6, 2019.
S&P Global REIT (Australian Dollar - HEDGED) (CME:SPGXURCH)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 SPGXURCH
The long term trend has been UP since Apr 2nd, 2019 at 230.84
The intermediate term trend has been DOWN since Nov 5th, 2019 at 242.85
The short term trend has been UP since Dec 6th, 2019 at 242.34
Smart Scan Analysis for SPGXURCH
Based on a pre-defined weighted trend formula for chart analysis, SPGXURCH scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||239.66||52wk High Date||2017-12-06|
|52wk Low||196.89||52wk Low Date||2018-02-09|