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Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

Simplex JPX-Nikkei 400 Inverse (-1x) ETF (GIF:C468)

Bear Market Rally (-75) - C468 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on C468 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid C468?

MarketClub looks at technical strength and momentum to determine if the timing is right for C468.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_C468
Open High Low C468 Price Change
6279.21 6290.16 6272.65 6287.97 0.00
Entry Signal

MarketClub’s Trade Triangles for C468

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 6677.04

intermediate term down The intermediate-term trend has been DOWN since Aug 10th, 2020 at 6603.60

short term up The short-term trend has been UP since Oct 11th, 2020 at 6273.37

Smart Scan Analysis for C468

Based on our trend formula, C468 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for C468
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6279.21 6290.16 6272.65 6287.97 0.00
Prev. Close Volume Bid Ask Time
6316.15 0 2020-10-19 02:15:20
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