Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
OMX Copenhagen Consumer Products and Services PI (NASDAQ:CX4020PI)
Bull Market Weakness (+75) - CX4020PI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CX4020PI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CX4020PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX4020PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX4020PI
The long-term trend has been UP since Aug 26th, 2020 at 2406.42
The intermediate-term trend has been UP since Oct 7th, 2020 at 2672.72
The short-term trend has been DOWN since Oct 15th, 2020 at 2963.16
Smart Scan Analysis for CX4020PI
Based on our trend formula, CX4020PI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).