Index Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
OMX Copenhagen Travel and Leisure PI (NASDAQ:CX4050PI)
Long-Term Downtrend (-90) - CX4050PI is in a strong downtrend that is likely to continue. While CX4050PI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CX4050PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX4050PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX4050PI
The long-term trend has been DOWN since Sep 10th, 2021 at 1462.25
The intermediate-term trend has been DOWN since Aug 29th, 2022 at 1023.53
The short-term trend has been DOWN since Sep 14th, 2022 at 965.54
Smart Scan Analysis for CX4050PI
Based on our trend formula, CX4050PI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).