Index Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
Crossroads (-60) - OMXNORDICEURGI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMXNORDICEURGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXNORDICEURGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXNORDICEURGI
The long-term trend has been UP since Nov 3rd, 2021 at 423.45
The intermediate-term trend has been DOWN since Jan 17th, 2022 at 402.24
The short-term trend has been DOWN since Jan 6th, 2022 at 427.85
Smart Scan Analysis for OMXNORDICEURGI
Based on our trend formula, OMXNORDICEURGI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).