Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Crossroads (+60) - OMXCLCGI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMXCLCGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXCLCGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXCLCGI
The long-term trend has been DOWN since Mar 9th, 2020 at 363.25
The intermediate-term trend has been UP since Apr 6th, 2020 at 353.63
The short-term trend has been UP since May 6th, 2020 at 375.25
Smart Scan Analysis for OMXCLCGI
Based on our trend formula, OMXCLCGI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).