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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

S&P TSX EQUAL WEIGHT GLOBAL GOLD INDEX (TSE:TXGE)

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.

TSE_TXGE
Open High Low TXGE Price Change
1195.74 1198.71 1186.54 1196.00 +9.10
Entry Signal

MarketClub’s Trade Triangles for TXGE

long term up The long term trend has been UP since Dec 19th, 2018 at 1069.64

intermediate term down The intermediate term trend has been DOWN since Mar 4th, 2019 at 1147.75

short term down The short term trend has been DOWN since Mar 15th, 2019 at 1197.30

Smart Scan Analysis for TXGE

Based on a pre-defined weighted trend formula for chart analysis, TXGE scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for TXGE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1195.74 1198.71 1186.54 1196.00 +9.10
Prev. Close Volume Bid Ask Time
1170.11 35098515 2019-03-19 12:53:32
52wk High1239.7452wk High Date2018-01-24
52wk Low901.7952wk Low Date2018-11-13
Want to analyze S&P TSX EQUAL WEIGHT GLOBAL GOLD INDEX TXGE or another symbol? Try our Free Index Trend Analysis Report.