Index Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
OMX COPNHGN BENCHMARK CAP_PI (NASDAQ:OMXCBCAPPI)
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 OMXCBCAPPI
The long term trend has been UP since May 3rd, 2018 at 925.13
The intermediate term trend has been UP since Jul 16th, 2018 at 933.15
The short term trend has been UP since Aug 14th, 2018 at 943.46
Smart Scan Analysis for OMXCBCAPPI
Based on a pre-defined weighted trend formula for chart analysis, OMXCBCAPPI scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||964.67||52wk High Date||2018-07-27|
|52wk Low||838.58||52wk Low Date||2018-02-06|