Index Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
iShares MSCI South Korea Capped ETF (GIF:EWY)
Crossroads (+60) - EWY 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 EWY?
MarketClub looks at technical strength and momentum to determine if the timing is right for EWY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EWY
The long-term trend has been DOWN since Feb 24th, 2020 at 57.116
The intermediate-term trend has been UP since Apr 14th, 2020 at 49.542
The short-term trend has been UP since May 19th, 2020 at 51.224
Smart Scan Analysis for EWY
Based on our trend formula, EWY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).