Index Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
ChinaAMC Direxion Hang Seng China Enterprise Index Daily (2x) Leveraged Products (GIF:7267)
Sidelines Mode (-55) - 7267 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 7267?
MarketClub looks at technical strength and momentum to determine if the timing is right for 7267.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 7267
The long-term trend has been UP since Jul 5th, 2020 at 7.4022
The intermediate-term trend has been DOWN since Jul 31st, 2020 at 7.2709
The short-term trend has been UP since Aug 10th, 2020 at 7.4685
Smart Scan Analysis for 7267
Based on our trend formula, 7267 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).