Future Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
NIKKEI 225 INDEX $ INDEX Jun 2020 (CME:NKD.M20)
Bull Market Weakness (+75) - NKD.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NKD.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NKD.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NKD.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NKD.M20
The long-term trend has been DOWN since Jan 27th, 2020 at 23200
The intermediate-term trend has been UP since Apr 9th, 2020 at 19600
The short-term trend has been UP since May 25th, 2020 at 20730
Smart Scan Analysis for NKD.M20
Based on our trend formula, NKD.M20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).