Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
OMX Copenhagen Chemicals GI (NASDAQ:CX5520GI)
Long-Term Downtrend (-90) - CX5520GI is in a strong downtrend that is likely to continue. While CX5520GI 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 CX5520GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX5520GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX5520GI
The long-term trend has been DOWN since Jul 17th, 2023 at 18010.27
The intermediate-term trend has been DOWN since May 24th, 2023 at 20067.40
The short-term trend has been DOWN since Sep 20th, 2023 at 14459.81
Smart Scan Analysis for CX5520GI
Based on our trend formula, CX5520GI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).