Index Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
STOCK CONNECT HK SMALLCAP IDX ETF (GIF:3157)
Crossroads (-60) - 3157 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 3157?
MarketClub looks at technical strength and momentum to determine if the timing is right for 3157.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 3157
The long-term trend has been UP since Jun 10th, 2020 at 22.730
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 24.783
The short-term trend has been DOWN since Oct 14th, 2020 at 24.688
Smart Scan Analysis for 3157
Based on our trend formula, 3157 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).