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Index Trend Analysis Report
Prepared for you on Tuesday, October 15, 2024.
OMX_Copenhagen_Large_Cap_PI (NASDAQ:OMXCLCPI)
Countertrend Down (-85) - OMXCLCPI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for OMXCLCPI
The long-term trend has been DOWN since Aug 5th, 2024 at 542.15
The intermediate-term trend has been DOWN since Sep 20th, 2024 at 567.27
The short-term trend has been UP since Oct 7th, 2024 at 545.16
Smart Scan Analysis for OMXCLCPI
Based on our trend formula, OMXCLCPI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 554.95 | 557.58 | 552.64 | 552.85 | -0.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| 553.44 | 0 | 2024-10-15 04:30:00 |