Index Trend Analysis Report
Prepared for you on Saturday, August 15, 2020.
E Fund Yuanta Hang Seng Index Daily (-1x) Inverse Product (GIF:7302)
Weak Downtrend (-65) - 7302 is showing signs of a strengthening downtrend. Monitor 7302 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid 7302?
MarketClub looks at technical strength and momentum to determine if the timing is right for 7302.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 7302
The long-term trend has been DOWN since Jun 9th, 2020 at 4.6376
The intermediate-term trend has been UP since Aug 2nd, 2020 at 4.5630
The short-term trend has been DOWN since Aug 10th, 2020 at 4.4710
Smart Scan Analysis for 7302
Based on our trend formula, 7302 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).