Index Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
NEXT FUNDS JPX-Nikkei 400 Double Inverse Index Exchange Traded Fund (GIF:C472)
Bear Market Rally (-75) - C472 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on C472 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid C472?
MarketClub looks at technical strength and momentum to determine if the timing is right for C472.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C472
The long-term trend has been DOWN since Jun 1st, 2020 at 1513.14
The intermediate-term trend has been DOWN since Nov 4th, 2020 at 1312.72
The short-term trend has been UP since Nov 30th, 2020 at 1101.29
Smart Scan Analysis for C472
Based on our trend formula, C472 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).