Index Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
MAXIS JPX-Nikkei Index 400 ETF (GIF:C593)
Crossroads (-60) - C593 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Apr 19th, 2021 at 18064.99
The short-term trend has been DOWN since Apr 6th, 2021 at 18304.23
Smart Scan Analysis for C593
Based on our trend formula, C593 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).