Index Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
MAXIS JPX-Nikkei Index 400 ETF (GIF:C593)
Weak Uptrend (+65) - C593 is showing signs of weakening momentum to the upside. Monitor C593 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid C593?
MarketClub looks at technical strength and momentum to determine if the timing is right for C593.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C593
The long-term trend has been UP since Sep 13th, 2020 at 15180.51
The intermediate-term trend has been UP since Sep 2nd, 2020 at 15087.98
The short-term trend has been DOWN since Oct 21st, 2020 at 14994.17
Smart Scan Analysis for C593
Based on our trend formula, C593 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).