Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
iShares MSCI Japan ETF (GIF:EWJ)
Crossroads (-60) - EWJ 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 EWJ?
MarketClub looks at technical strength and momentum to determine if the timing is right for EWJ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EWJ
The long-term trend has been UP since Jun 2nd, 2020 at 56.411
The intermediate-term trend has been DOWN since Apr 20th, 2021 at 68.202
The short-term trend has been DOWN since Apr 20th, 2021 at 68.924
Smart Scan Analysis for EWJ
Based on our trend formula, EWJ is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).