Index Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
OMX Copenhagen Chemicals GI (NASDAQ:CX1300GI)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 CX1300GI
The long term trend has been UP since Dec 30th, 2019 at 16369.82
The intermediate term trend has been DOWN since Feb 3rd, 2020 at 15755.95
The short term trend has been UP since Feb 6th, 2020 at 16165.19
Smart Scan Analysis for CX1300GI
Based on a pre-defined weighted trend formula for chart analysis, CX1300GI scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||18903.28||52wk High Date||2018-05-14|
|52wk Low||12491.9||52wk Low Date||2018-11-20|