Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
OMX Copenhagen Industrials GI (NASDAQ:CX50GI)
Bull Market Weakness (+75) - CX50GI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CX50GI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CX50GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX50GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX50GI
The long-term trend has been DOWN since Sep 5th, 2023 at 3500.36
The intermediate-term trend has been UP since Nov 27th, 2023 at 3101.95
The short-term trend has been UP since Dec 1st, 2023 at 3101.84
Smart Scan Analysis for CX50GI
Based on our trend formula, CX50GI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).