Index Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
OMX Copenhagen Real Estate PI (NASDAQ:CX8600PI)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 CX8600PI
The long term trend has been DOWN since Sep 11th, 2018 at 1832.77
The intermediate term trend has been UP since Feb 4th, 2019 at 1868.61
The short term trend has been DOWN since Feb 21st, 2019 at 1840.06
Smart Scan Analysis for CX8600PI
Based on a pre-defined weighted trend formula for chart analysis, CX8600PI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2088.02||52wk High Date||2018-08-23|
|52wk Low||1476.31||52wk Low Date||2017-12-11|