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Index Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

NASDAQ OMX Nordic Consumer Gross Index (NASDAQ:NOMXNCOGI)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_NOMXNCOGI
Open High Low NOMXNCOGI Price Change
1530.37 1542.32 1529.27 1541.40 +11.03
Entry Signal

MarketClub’s Trade Triangles for NOMXNCOGI

long term up The long term trend has been UP since Feb 14th, 2019 at 1302.37

intermediate term up The intermediate term trend has been UP since Nov 26th, 2019 at 1461.80

short term up The short term trend has been UP since Jan 15th, 2020 at 1529.07

Smart Scan Analysis for NOMXNCOGI

Based on a pre-defined weighted trend formula for chart analysis, NOMXNCOGI scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for NOMXNCOGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1530.37 1542.32 1529.27 1541.40 +11.03
Prev. Close Volume Bid Ask Time
1513.81 0 2020-01-17 11:31:00
52wk High1333.6452wk High Date2018-10-03
52wk Low1182.9752wk Low Date2018-02-06
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