Index Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
Daiwa ETF Tokyo Stock Exchange REIT Index (GIF:C488)
Long-Term Uptrend (+90) - C488 is in a strong uptrend that is likely to continue. While C488 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid C488?
MarketClub looks at technical strength and momentum to determine if the timing is right for C488.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C488
The long-term trend has been UP since Dec 29th, 2020 at 1810.26
The intermediate-term trend has been UP since Nov 8th, 2020 at 1749.99
The short-term trend has been UP since Jan 18th, 2021 at 1819.65
Smart Scan Analysis for C488
Based on our trend formula, C488 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).