Index Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
OMX Copenhagen Cap Index Ex Tryg_NI (NASDAQ:OMXCCAPXTRYGNI)
Long-Term Downtrend (-90) - OMXCCAPXTRYGNI is in a strong downtrend that is likely to continue. While OMXCCAPXTRYGNI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OMXCCAPXTRYGNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXCCAPXTRYGNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXCCAPXTRYGNI
The long-term trend has been DOWN since Oct 1st, 2021 at 1642.43
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1475.02
The short-term trend has been DOWN since Jun 30th, 2022 at 1427.21
Smart Scan Analysis for OMXCCAPXTRYGNI
Based on our trend formula, OMXCCAPXTRYGNI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).