Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
Daiwa ETF Japan JPX-Nikkei 400 Inverse (-1x) Index (GIF:C465)
Long-Term Downtrend (-90) - C465 is in a strong downtrend that is likely to continue. While C465 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 C465?
MarketClub looks at technical strength and momentum to determine if the timing is right for C465.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C465
The long-term trend has been DOWN since Sep 2nd, 2020 at 6496.03
The intermediate-term trend has been DOWN since Nov 4th, 2020 at 6381.74
The short-term trend has been DOWN since Nov 1st, 2020 at 6511.34
Smart Scan Analysis for C465
Based on our trend formula, C465 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).