Index Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
NEXT FUNDS TOPIX-17 AUTOMOBILES & TRANSPORTATION EQUIPMENT ETF (GIF:C622)
Bull Market Weakness (+75) - C622 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on C622 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid C622?
MarketClub looks at technical strength and momentum to determine if the timing is right for C622.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C622
The long-term trend has been UP since Jun 3rd, 2020 at 18695.06
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 17504.27
The short-term trend has been UP since Jul 6th, 2020 at 17913.99
Smart Scan Analysis for C622
Based on our trend formula, C622 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).