Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Horizons Hang Seng Dividend Yield ETF (GIF:3110)
Bull Market Weakness (+75) - 3110 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 3110 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 3110?
MarketClub looks at technical strength and momentum to determine if the timing is right for 3110.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 3110
The long-term trend has been UP since Jul 5th, 2020 at 24.527
The intermediate-term trend has been DOWN since Jul 26th, 2020 at 23.613
The short-term trend has been UP since Aug 4th, 2020 at 24.000
Smart Scan Analysis for 3110
Based on our trend formula, 3110 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).