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Index Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

First Trust India NIFTY 50 Equal Weight ETF (GIF:NFTY)

Strong Downtrend (-100) - NFTY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for NFTY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_NFTY
Open High Low NFTY Price Change
34.974 34.997 34.616 34.653 -0.337
Entry Signal

MarketClub’s Trade Triangles for NFTY

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for NFTY

Based on our trend formula, NFTY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NFTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.974 34.997 34.616 34.653 -0.337
Prev. Close Volume Bid Ask Time
35.542 0 2020-02-14 19:15:05
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