Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
OMX Copenhagen Real Estate PI (NASDAQ:CX8600PI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 UP since Apr 4th, 2019 at 1896.49
The intermediate term trend has been UP since Aug 22nd, 2019 at 1977.23
The short term trend has been DOWN since Sep 20th, 2019 at 2090.60
Smart Scan Analysis for CX8600PI
Based on a pre-defined weighted trend formula for chart analysis, CX8600PI scored +85 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|