Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
NEXT FUNDS Nikkei 225 Double Inverse Index Exchange Traded Fund (GIF:C357)
Long-Term Downtrend (-90) - C357 is in a strong downtrend that is likely to continue. While C357 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid C357?
MarketClub looks at technical strength and momentum to determine if the timing is right for C357.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C357
The long-term trend has been DOWN since May 28th, 2020 at 845.64
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 679.26
The short-term trend has been DOWN since Jan 19th, 2021 at 449.95
Smart Scan Analysis for C357
Based on our trend formula, C357 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).