Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
OMX COPENHAGEN 20 CAP (NASDAQ:OMXC20CAP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 OMXC20CAP
The long term trend has been DOWN since Oct 4th, 2018 at 1084.30
The intermediate term trend has been UP since Jan 9th, 2019 at 1042.31
The short term trend has been UP since Jan 17th, 2019 at 1033.55
Smart Scan Analysis for OMXC20CAP
Based on a pre-defined weighted trend formula for chart analysis, OMXC20CAP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1179.82||52wk High Date||2018-01-09|
|52wk Low||980.59||52wk Low Date||2018-10-11|