Index Trend Analysis Report
Prepared for you on Monday, January 25, 2021.
Nomura Securities STOXX ASEAN Five Select DIV 50 ETN (GIF:C043)
Sidelines Mode (+55) - C043 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid C043?
MarketClub looks at technical strength and momentum to determine if the timing is right for C043.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C043
The long-term trend has been UP since Nov 9th, 2020 at 10433.74
The intermediate-term trend has been UP since Nov 5th, 2020 at 9853.61
The short-term trend has been DOWN since Jan 24th, 2021 at 12275.55
Smart Scan Analysis for C043
Based on our trend formula, C043 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).