Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
OMX Copenhagen Ex OMXC20 Index GI (NASDAQ:OMXCXC20GI)
Crossroads (-60) - OMXCXC20GI 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 OMXCXC20GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXCXC20GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXCXC20GI
The long-term trend has been UP since Jun 3rd, 2020 at 8830.80
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 9285.54
The short-term trend has been DOWN since Sep 21st, 2020 at 9366.98
Smart Scan Analysis for OMXCXC20GI
Based on our trend formula, OMXCXC20GI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).