Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
Rakuten ETF-Nikkei 225 Double Inverse Index (GIF:C459)
Strong Downtrend (-100) - C459 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid C459?
MarketClub looks at technical strength and momentum to determine if the timing is right for C459.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C459
The long-term trend has been DOWN since Sep 2nd, 2020 at 2831.09
The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 2701.83
The short-term trend has been DOWN since Nov 23rd, 2020 at 2247.04
Smart Scan Analysis for C459
Based on our trend formula, C459 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).