Index Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
NYSE Leveraged 2x PYPL Index (GIF:NY2LPYPL)
Crossroads (-60) - NY2LPYPL 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 NY2LPYPL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NY2LPYPL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NY2LPYPL
The long-term trend has been UP since May 7th, 2020 at 221.440
The intermediate-term trend has been DOWN since Sep 4th, 2020 at 406.296
The short-term trend has been DOWN since Sep 11th, 2020 at 394.190
Smart Scan Analysis for NY2LPYPL
Based on our trend formula, NY2LPYPL is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).