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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

OMX Copenhagen 20 (NASDAQ:OMXC20)

Sidelines Mode (+55) - OMXC20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid OMXC20?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXC20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OMXC20
Open High Low OMXC20 Price Change
2695.24 2700.84 2659.89 2669.49 -18.04
Entry Signal

MarketClub’s Trade Triangles for OMXC20

long term up The long-term trend has been UP since Aug 8th, 2023 at 2152.83

intermediate term up The intermediate-term trend has been UP since Dec 21st, 2023 at 2265.03

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 2672.02

Smart Scan Analysis for OMXC20

Based on our trend formula, OMXC20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for OMXC20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2695.24 2700.84 2659.89 2669.49 -18.04
Prev. Close Volume Bid Ask Time
2669.49 0 2024-03-27 12:00:00
52wk High1056.0952wk High Date2018-01-23
52wk Low860.8652wk Low Date2018-10-11
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