Index Trend Analysis Report
Prepared for you on Monday, February 17, 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
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 Feb 2nd, 2020 at 0.71544
The intermediate-term trend has been UP since Jan 6th, 2020 at 0.54749
The short-term trend has been DOWN since Feb 16th, 2020 at 0.81332
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).