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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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NASDAQ_OMXCLCPI
Open High Low OMXCLCPI Price Change
554.95 557.58 552.64 552.85 -0.59
Entry Signal

MarketClub’s Trade Triangles for OMXCLCPI

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 542.15

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2024 at 567.27

short term up 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).

-85
Smart Scan Analysis for OMXCLCPI
Strong Downtrend Sideways 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
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