Index Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
OMRX Treasury Bond 1-3 y Index (NASDAQ:OMRXTBOND13)
Weak Downtrend (-65) - OMRXTBOND13 is showing signs of a strengthening downtrend. Monitor OMRXTBOND13 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid OMRXTBOND13?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBOND13.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXTBOND13
The long-term trend has been UP since Feb 28th, 2020 at 453.51
The intermediate-term trend has been DOWN since Mar 19th, 2020 at 452.94
The short-term trend has been DOWN since Apr 7th, 2020 at 452.92
Smart Scan Analysis for OMRXTBOND13
Based on our trend formula, OMRXTBOND13 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).