Index Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Nasdaq OMXS30 DUO NTR Index (NASDAQ:OMXDUON)
Sidelines Mode (+55) - OMXDUON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMXDUON?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXDUON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXDUON
The long-term trend has been UP since Jul 1st, 2020 at 1150.22
The intermediate-term trend has been UP since Jan 4th, 2021 at 1301.03
The short-term trend has been DOWN since Mar 5th, 2021 at 1354.69
Smart Scan Analysis for OMXDUON
Based on our trend formula, OMXDUON is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).