Index Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
Hang Seng FTSE/Xinhua China 25 Index ETF (GIF:2838)
Crossroads (-60) - 2838 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 2838?
MarketClub looks at technical strength and momentum to determine if the timing is right for 2838.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 2838
The long-term trend has been UP since Nov 4th, 2020 at 202.71
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 219.66
The short-term trend has been DOWN since Apr 9th, 2021 at 208.13
Smart Scan Analysis for 2838
Based on our trend formula, 2838 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).