Index Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
OMX Copenhagen Construction & Materials PI (NASDAQ:CX2300PI)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 CX2300PI
The long term trend has been DOWN since Oct 8th, 2018 at 1908.05
The intermediate term trend has been UP since Apr 15th, 2019 at 1423.35
The short term trend has been UP since Apr 11th, 2019 at 1393.20
Smart Scan Analysis for CX2300PI
Based on a pre-defined weighted trend formula for chart analysis, CX2300PI scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2162.77||52wk High Date||2018-08-31|
|52wk Low||1396.36||52wk Low Date||2018-02-06|