Index Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
OMX Copenhagen General Industrials GI (NASDAQ:CX2720GI)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 CX2720GI
The long term trend has been UP since Mar 6th, 2019 at 4807.62
The intermediate term trend has been DOWN since Mar 11th, 2019 at 4652.85
The short term trend has been DOWN since Mar 20th, 2019 at 4514.30
Smart Scan Analysis for CX2720GI
Based on a pre-defined weighted trend formula for chart analysis, CX2720GI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5613.63||52wk High Date||2018-03-08|
|52wk Low||4460.47||52wk Low Date||2018-10-11|