Index Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
OMX Copenhagen 25 Index (NASDAQ:OMXC25)
Strong Uptrend (+100) - OMXC25 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMXC25 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid OMXC25?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXC25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXC25
The long-term trend has been UP since Jun 2nd, 2020 at 1336.64
The intermediate-term trend has been UP since Nov 9th, 2020 at 1600.02
The short-term trend has been UP since Jan 19th, 2021 at 1678.70
Smart Scan Analysis for OMXC25
Based on our trend formula, OMXC25 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).