Future Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
NIKKEI 225 INDEX $ INDEX Sep 2020 (CME:NKD.U20)
Crossroads (-60) - NKD.U20 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 NKD.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NKD.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NKD.U20
The long-term trend has been UP since Apr 6th, 2020 at 17570
The intermediate-term trend has been DOWN since Jul 30th, 2020 at 22260
The short-term trend has been DOWN since Aug 6th, 2020 at 22355
Smart Scan Analysis for NKD.U20
Based on our trend formula, NKD.U20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).