Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
OMX Copenhagen Industrial Engineering PI (NASDAQ:CX2750PI)
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 CX2750PI
The long term trend has been DOWN since May 16th, 2019 at 1321.27
The intermediate term trend has been UP since Nov 18th, 2019 at 737.24
The short term trend has been UP since Nov 15th, 2019 at 725.36
Smart Scan Analysis for CX2750PI
Based on a pre-defined weighted trend formula for chart analysis, CX2750PI scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1957.19||52wk High Date||2017-12-29|
|52wk Low||1331.2||52wk Low Date||2018-11-20|