Index Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
iShares MSCI Japan ETF (GIF:EWJ)
Long-Term Uptrend (+90) - EWJ is in a strong uptrend that is likely to continue. While EWJ is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Aug 11th, 2020 at 57.196
The short-term trend has been UP since Sep 22nd, 2020 at 59.644
Smart Scan Analysis for EWJ
Based on our trend formula, EWJ is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).