Index Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
NASDAQ OMX Nordic Consumer SEK Net Index (NASDAQ:NOMXNCOSEKNI)
Crossroads (+60) - NOMXNCOSEKNI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NOMXNCOSEKNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNCOSEKNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNCOSEKNI
The long-term trend has been DOWN since Sep 13th, 2021 at 1854.92
The intermediate-term trend has been UP since Jul 4th, 2022 at 1543.31
The short-term trend has been UP since Aug 11th, 2022 at 1577.60
Smart Scan Analysis for NOMXNCOSEKNI
Based on our trend formula, NOMXNCOSEKNI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).