Index Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
Nomura F-KOSPI200 Inverse ETN (GIF:C034)
Countertrend Down (-85) - C034 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid C034?
MarketClub looks at technical strength and momentum to determine if the timing is right for C034.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C034
The long-term trend has been DOWN since May 26th, 2020 at 8979.23
The intermediate-term trend has been DOWN since Apr 4th, 2021 at 5956.68
The short-term trend has been UP since Apr 21st, 2021 at 5859.69
Smart Scan Analysis for C034
Based on our trend formula, C034 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).