Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
OMX Copenhagen Benchmark Cap_GI (NASDAQ:OMXCBCAPGI)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
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 OMXCBCAPGI
The long term trend has been UP since Jul 3rd, 2019 at 1547.90
The intermediate term trend has been UP since Jun 18th, 2019 at 1516.27
The short term trend has been DOWN since Jul 18th, 2019 at 1500.77
Smart Scan Analysis for OMXCBCAPGI
Based on a pre-defined weighted trend formula for chart analysis, OMXCBCAPGI scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1580.1||52wk High Date||2018-08-28|
|52wk Low||1318.4||52wk Low Date||2018-11-20|