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.
MarketClub’s Trade Triangles for C468
The long-term trend has been DOWN since Jun 1st, 2020 at 6677.04
The intermediate-term trend has been DOWN since Aug 10th, 2020 at 6603.60
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).