Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
OMX Copenhagen Household Goods and Home Construction GI (NASDAQ:CX402020GI)
Countertrend Up (+85) - CX402020GI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CX402020GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX402020GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX402020GI
The long-term trend has been UP since Aug 25th, 2021 at 5964.31
The intermediate-term trend has been UP since Jan 3rd, 2022 at 5614.80
The short-term trend has been DOWN since Jan 7th, 2022 at 5669.99
Smart Scan Analysis for CX402020GI
Based on our trend formula, CX402020GI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).