Index Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
OMX Copenhagen Cap Index Ex Tryg_PI (NASDAQ:OMXCCAPXTRYGPI)
Weak Downtrend (-65) - OMXCCAPXTRYGPI is showing signs of a strengthening downtrend. Monitor OMXCCAPXTRYGPI as it may be building momentum to the downside.
Is it time to buy, sell, or avoid OMXCCAPXTRYGPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXCCAPXTRYGPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXCCAPXTRYGPI
The long-term trend has been UP since Jun 2nd, 2020 at 1138.88
The intermediate-term trend has been DOWN since Jan 27th, 2021 at 1401.36
The short-term trend has been DOWN since Jan 22nd, 2021 at 1424.34
Smart Scan Analysis for OMXCCAPXTRYGPI
Based on our trend formula, OMXCCAPXTRYGPI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).