Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
OMX Copenhagen Real Estate PI (NASDAQ:CX35PI)
Countertrend Down (-85) - CX35PI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CX35PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX35PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX35PI
The long-term trend has been DOWN since Jul 8th, 2022 at 2601.91
The intermediate-term trend has been DOWN since Jul 18th, 2023 at 2373.29
The short-term trend has been UP since Sep 25th, 2023 at 2225.50
Smart Scan Analysis for CX35PI
Based on our trend formula, CX35PI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).