Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
NASDAQ OMX Nordic Consumer SEK (NASDAQ:NOMXNCOSEK)
Strong Downtrend (-100) - NOMXNCOSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOMXNCOSEK continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOMXNCOSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNCOSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNCOSEK
The long-term trend has been DOWN since Sep 13th, 2021 at 1403.96
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 1356.17
The short-term trend has been DOWN since Jan 17th, 2022 at 1363.00
Smart Scan Analysis for NOMXNCOSEK
Based on our trend formula, NOMXNCOSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).