Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
VelocityShares VIX Variable Long/Short ETN (GIF:UWT)
Long-Term Downtrend (-90) - UWT is in a strong downtrend that is likely to continue. While UWT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid UWT?
MarketClub looks at technical strength and momentum to determine if the timing is right for UWT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UWT
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 UWT
Based on our trend formula, UWT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).