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Index Trend Analysis Report

Prepared for you on Friday, January 15, 2021.

Nikkei 225 Bear -1x ETF (GIF:C580)

Long-Term Downtrend (-90) - C580 is in a strong downtrend that is likely to continue. While C580 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 C580?

MarketClub looks at technical strength and momentum to determine if the timing is right for C580.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_C580
Open High Low C580 Price Change
2803.85 2811.59 2800.95 2808.69 +7.74
Entry Signal

MarketClub’s Trade Triangles for C580

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 3747.63

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2020 at 3415.17

short term down The short-term trend has been DOWN since Jan 7th, 2021 at 2901.13

Smart Scan Analysis for C580

Based on our trend formula, C580 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for C580
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2803.85 2811.59 2800.95 2808.69 +7.74
Prev. Close Volume Bid Ask Time
3398.22 0 2021-01-15 01:06:50
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