Index Trend Analysis Report
Prepared for you on Saturday, January 16, 2021.
OMX Copenhagen 25 GI Index (NASDAQ:OMXC25GI)
Sidelines Mode (+55) - OMXC25GI 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 OMXC25GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXC25GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXC25GI
The long-term trend has been UP since Jun 2nd, 2020 at 1440.49
The intermediate-term trend has been UP since Nov 9th, 2020 at 1726.60
The short-term trend has been DOWN since Jan 12th, 2021 at 1820.06
Smart Scan Analysis for OMXC25GI
Based on our trend formula, OMXC25GI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).