Index Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
AMUNDI FTSE CHINA A50 INDEX ETF (GIF:2843)
Long-Term Uptrend (+90) - 2843 is in a strong uptrend that is likely to continue. While 2843 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 2843?
MarketClub looks at technical strength and momentum to determine if the timing is right for 2843.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 2843
The long-term trend has been UP since Jul 1st, 2020 at 15.575
The intermediate-term trend has been UP since Oct 11th, 2020 at 18.174
The short-term trend has been UP since Oct 8th, 2020 at 17.530
Smart Scan Analysis for 2843
Based on our trend formula, 2843 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).