Index Trend Analysis Report
Prepared for you on Monday, January 18, 2021.
Nomura TOPIX Mothers ETN (GIF:C042)
Strong Uptrend (+100) - C042 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, C042 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid C042?
MarketClub looks at technical strength and momentum to determine if the timing is right for C042.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C042
The long-term trend has been UP since May 7th, 2020 at 9320.69
The intermediate-term trend has been UP since Jan 3rd, 2021 at 12999.06
The short-term trend has been UP since Jan 18th, 2021 at 13349.66
Smart Scan Analysis for C042
Based on our trend formula, C042 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).