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Index Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

Nasdaq OMXS30 DUO Index (NASDAQ:OMXDUO)

Strong Uptrend (+100) - OMXDUO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMXDUO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid OMXDUO?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXDUO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OMXDUO
Open High Low OMXDUO Price Change
1223.35 1224.42 1219.64 1224.32 +5.12
Entry Signal

MarketClub’s Trade Triangles for OMXDUO

long term up The long-term trend has been UP since Jul 1st, 2020 at 1120.38

intermediate term up The intermediate-term trend has been UP since Jun 22nd, 2020 at 1107.59

short term up The short-term trend has been UP since Aug 3rd, 2020 at 1210.42

Smart Scan Analysis for OMXDUO

Based on our trend formula, OMXDUO is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for OMXDUO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1223.35 1224.42 1219.64 1224.32 +5.12
Prev. Close Volume Bid Ask Time
1078.15 0 2020-08-06 03:28:00
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