Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
OMX Iceland 10 EUR GI (NASDAQ:OMXI10EURGI)
Strong Uptrend (+100) - OMXI10EURGI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMXI10EURGI 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 OMXI10EURGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXI10EURGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXI10EURGI
The long-term trend has been UP since Oct 22nd, 2019 at 2826.27
The intermediate-term trend has been UP since Feb 19th, 2020 at 3067.77
The short-term trend has been UP since Feb 18th, 2020 at 3054.32
Smart Scan Analysis for OMXI10EURGI
Based on our trend formula, OMXI10EURGI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).