Index Trend Analysis Report
Prepared for you on Wednesday, September 18, 2019.
OMX Copenhagen Electricity GI (NASDAQ:CX7530GI)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 CX7530GI
The long term trend has been DOWN since Aug 5th, 2019 at 543.32
The intermediate term trend has been UP since Sep 10th, 2019 at 509.26
The short term trend has been UP since Sep 16th, 2019 at 512.50
Smart Scan Analysis for CX7530GI
Based on a pre-defined weighted trend formula for chart analysis, CX7530GI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||545.74||52wk High Date||2018-06-15|
|52wk Low||337.24||52wk Low Date||2017-12-01|