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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.

GIF_7302
Open High Low 7302 Price Change
4.4210 4.4421 4.3873 4.4392 +0.0179
Entry Signal

MarketClub’s Trade Triangles for 7302

long term down The long-term trend has been DOWN since Jun 9th, 2020 at 4.6376

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2020 at 4.5630

short term down 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).

-65
Smart Scan Analysis for 7302
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4210 4.4421 4.3873 4.4392 +0.0179
Prev. Close Volume Bid Ask Time
4.8647 0 2020-08-14 04:26:20
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