Index Trend Analysis Report
Prepared for you on Monday, July 13, 2020.
Countertrend Up (+85) - CIX100 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 CIX100?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIX100.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CIX100
The long-term trend has been UP since Jun 1st, 2020 at 0.71681
The intermediate-term trend has been UP since Apr 6th, 2020 at 0.52586
The short-term trend has been DOWN since Jul 10th, 2020 at 0.67235
Smart Scan Analysis for CIX100
Based on our trend formula, CIX100 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).