Index Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
CSOP FTSE China A50 ETF (HKD) (GIF:2822)
Long-Term Uptrend (+90) - 2822 is in a strong uptrend that is likely to continue. While 2822 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid 2822?
MarketClub looks at technical strength and momentum to determine if the timing is right for 2822.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 2822
The long-term trend has been UP since Jul 1st, 2020 at 14.685
The intermediate-term trend has been UP since Oct 11th, 2020 at 17.401
The short-term trend has been UP since Sep 28th, 2020 at 16.785
Smart Scan Analysis for 2822
Based on our trend formula, 2822 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).