Index Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
Nikkei 225 Bull 2x ETF (GIF:C579)
Long-Term Uptrend (+90) - C579 is in a strong uptrend that is likely to continue. While C579 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 C579?
MarketClub looks at technical strength and momentum to determine if the timing is right for C579.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C579
The long-term trend has been UP since Sep 28th, 2020 at 22582.69
The intermediate-term trend has been UP since Nov 3rd, 2020 at 22998.17
The short-term trend has been UP since Nov 23rd, 2020 at 27280.34
Smart Scan Analysis for C579
Based on our trend formula, C579 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).