Index Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
NEXT FUNDS JPX-Nikkei 400 Inverse Index Exchange Traded Fund (GIF:C471)
Long-Term Downtrend (-90) - C471 is in a strong downtrend that is likely to continue. While C471 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 C471?
MarketClub looks at technical strength and momentum to determine if the timing is right for C471.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C471
The long-term trend has been DOWN since Jun 1st, 2020 at 4389.43
The intermediate-term trend has been DOWN since Nov 4th, 2020 at 4104.77
The short-term trend has been DOWN since Nov 1st, 2020 at 4188.15
Smart Scan Analysis for C471
Based on our trend formula, C471 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).