Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
ICE Euro FX Index (GIF:ICEEX)
Countertrend Up (+85) - ICEEX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Dec 2nd, 2020 at 115.53
The intermediate-term trend has been UP since Feb 25th, 2021 at 114.79
The short-term trend has been DOWN since Mar 1st, 2021 at 114.35
Smart Scan Analysis for ICEEX
Based on our trend formula, ICEEX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).