Index Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
TSE Mothers ETF (GIF:C516)
Long-Term Downtrend (-90) - C516 is in a strong downtrend that is likely to continue. While C516 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 C516?
MarketClub looks at technical strength and momentum to determine if the timing is right for C516.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C516
The long-term trend has been DOWN since Mar 4th, 2021 at 867.25
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 923.58
The short-term trend has been DOWN since Feb 23rd, 2021 at 967.57
Smart Scan Analysis for C516
Based on our trend formula, C516 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).