Index Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
OMX Helsinki Travel & Leisure PI (NASDAQ:HX5700PI)
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 HX5700PI
The long term trend has been UP since Feb 25th, 2019 at 1577.55
The intermediate term trend has been DOWN since Mar 21st, 2019 at 1541.88
The short term trend has been DOWN since Mar 20th, 2019 at 1587.18
Smart Scan Analysis for HX5700PI
Based on a pre-defined weighted trend formula for chart analysis, HX5700PI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2348.38||52wk High Date||2017-12-11|
|52wk Low||1227.87||52wk Low Date||2018-10-11|