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Index Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.


Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

Open High Low OMXNLCSEKPI Price Change
338.88 341.15 338.88 340.71 +1.98
Entry Signal

MarketClub’s Trade Triangles for OMXNLCSEKPI

long term up The long term trend has been UP since Feb 5th, 2019 at 319.60

intermediate term up The intermediate term trend has been UP since Jan 8th, 2019 at 304.86

short term up The short term trend has been UP since Mar 12th, 2019 at 332.92

Smart Scan Analysis for OMXNLCSEKPI

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

Smart Scan Analysis for OMXNLCSEKPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
338.88 341.15 338.88 340.71 +1.98
Prev. Close Volume Bid Ask Time
329.99 0 2019-03-19 12:33:00
52wk High351.6952wk High Date2018-08-29
52wk Low298.0252wk Low Date2018-02-06
Want to analyze OMX_Nordic_Large_Cap_SEK_PI OMXNLCSEKPI or another symbol? Try our Free Index Trend Analysis Report.