Index Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
NEXT FUNDS TOPIX-17 STEEL & NONFERROUS ETF (GIF:C623)
Long-Term Uptrend (+90) - C623 is in a strong uptrend that is likely to continue. While C623 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 C623?
MarketClub looks at technical strength and momentum to determine if the timing is right for C623.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C623
The long-term trend has been UP since Jun 7th, 2020 at 11608.89
The intermediate-term trend has been UP since Aug 11th, 2020 at 11017.09
The short-term trend has been UP since Aug 3rd, 2020 at 10430.78
Smart Scan Analysis for C623
Based on our trend formula, C623 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).