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Index Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

OMX Iceland 10 GI (NASDAQ:OMXI10GI)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_OMXI10GI
Open High Low OMXI10GI Price Change
2519.22 2568.03 2519.22 2552.19 +32.97
Entry Signal

MarketClub’s Trade Triangles for OMXI10GI

long term up The long term trend has been UP since Oct 21st, 2019 at 2232.48

intermediate term up The intermediate term trend has been UP since Jan 16th, 2020 at 2505.94

short term up The short term trend has been UP since Jan 10th, 2020 at 2480.10

Smart Scan Analysis for OMXI10GI

Based on a pre-defined weighted trend formula for chart analysis, OMXI10GI scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for OMXI10GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2519.22 2568.03 2519.22 2552.19 +32.97
Prev. Close Volume Bid Ask Time
2504.79 0 2020-01-17 11:32:00
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