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.
MarketClub’s Trade Triangles for NFTY
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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).