Index Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
ICBC CSOP S&P New China Sectors ETF (RMB) (GIF:83167)
Crossroads (-60) - 83167 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 83167?
MarketClub looks at technical strength and momentum to determine if the timing is right for 83167.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 83167
The long-term trend has been UP since May 19th, 2020 at 68.717
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 95.584
The short-term trend has been DOWN since Apr 11th, 2021 at 88.654
Smart Scan Analysis for 83167
Based on our trend formula, 83167 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).