Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
Hang Seng FTSE/Xinhua China 25 Index ETF (GIF:2838)
Long-Term Uptrend (+90) - 2838 is in a strong uptrend that is likely to continue. While 2838 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 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 UP since Dec 30th, 2020 at 207.29
The short-term trend has been UP since Dec 29th, 2020 at 204.25
Smart Scan Analysis for 2838
Based on our trend formula, 2838 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).