Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
ICE Euro FX Index (GIF:ICEEX)
Long-Term Uptrend (+90) - ICEEX is in a strong uptrend that is likely to continue. While ICEEX 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 ICEEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICEEX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ICEEX
The long-term trend has been UP since Mar 2nd, 2020 at 110.51
The intermediate-term trend has been UP since May 18th, 2020 at 109.95
The short-term trend has been UP since Aug 5th, 2020 at 114.21
Smart Scan Analysis for ICEEX
Based on our trend formula, ICEEX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).