Index Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
OMX Copenhagen Retail GI (NASDAQ:CX4040GI)
Crossroads (-60) - CX4040GI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CX4040GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX4040GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX4040GI
The long-term trend has been UP since Nov 8th, 2022 at 839.14
The intermediate-term trend has been DOWN since Mar 9th, 2023 at 910.38
The short-term trend has been DOWN since Mar 20th, 2023 at 878.64
Smart Scan Analysis for CX4040GI
Based on our trend formula, CX4040GI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).