Index Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Long-Term Uptrend (+90) - OMXCLCPI is in a strong uptrend that is likely to continue. While OMXCLCPI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid OMXCLCPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXCLCPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXCLCPI
The long-term trend has been UP since Apr 14th, 2021 at 379.68
The intermediate-term trend has been UP since Mar 16th, 2021 at 367.17
The short-term trend has been UP since Mar 29th, 2021 at 363.25
Smart Scan Analysis for OMXCLCPI
Based on our trend formula, OMXCLCPI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).