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Index Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

OMX Iceland 10 GI (NASDAQ:OMXI10GI)

Strong Downtrend (-100) - OMXI10GI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OMXI10GI continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid OMXI10GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXI10GI.

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NASDAQ_OMXI10GI
Open High Low OMXI10GI Price Change
3320.33 3364.70 3319.72 3319.72 -0.61
Entry Signal

MarketClub’s Trade Triangles for OMXI10GI

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 3792.72

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 3753.80

short term down The short-term trend has been DOWN since Apr 29th, 2022 at 3696.11

Smart Scan Analysis for OMXI10GI

Based on our trend formula, OMXI10GI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for OMXI10GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3320.33 3364.70 3319.72 3319.72 -0.61
Prev. Close Volume Bid Ask Time
3319.72 0 2022-05-20 11:34:00
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