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Index Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

OMX Copenhagen Benchmark_GI (NASDAQ:OMXCBGI)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

NASDAQ_OMXCBGI
Open High Low OMXCBGI Price Change
1576.96 1594.74 1574.21 1589.81 +13.50
Entry Signal

MarketClub’s Trade Triangles for OMXCBGI

long term up The long term trend has been UP since Jul 3rd, 2019 at 1570.32

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2019 at 1533.67

short term up The short term trend has been UP since Sep 18th, 2019 at 1569.91

Smart Scan Analysis for OMXCBGI

Based on a pre-defined weighted trend formula for chart analysis, OMXCBGI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for OMXCBGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1576.96 1594.74 1574.21 1589.81 +13.50
Prev. Close Volume Bid Ask Time
1512.39 0 2019-09-20 11:04:00
52wk High1565.252wk High Date2018-08-28
52wk Low1309.5852wk Low Date2018-10-11
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