Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
NASDAQ OMX Nordic Invest Companies SEK Gross Index (NASDAQ:NOMXNICSEKGI)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for NOMXNICSEKGI
The long term trend has been UP since Jan 10th, 2019 at 1497.61
The intermediate term trend has been UP since Apr 3rd, 2019 at 1683.59
The short term trend has been UP since Apr 15th, 2019 at 1685.32
Smart Scan Analysis for NOMXNICSEKGI
Based on a pre-defined weighted trend formula for chart analysis, NOMXNICSEKGI scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).