Index Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
Daiwa ETF Japan JPX-Nikkei 400 Double Inverse (-2x) Index (GIF:C466)
Weak Downtrend (-65) - C466 is showing signs of a strengthening downtrend. Monitor C466 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid C466?
MarketClub looks at technical strength and momentum to determine if the timing is right for C466.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C466
The long-term trend has been DOWN since Feb 12th, 2021 at 2291.13
The intermediate-term trend has been DOWN since Feb 12th, 2021 at 2291.13
The short-term trend has been UP since Feb 18th, 2021 at 2314.96
Smart Scan Analysis for C466
Based on our trend formula, C466 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).