Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
NEXT FUNDS TOPIX-17 STEEL & NONFERROUS ETF (GIF:C623)
Countertrend Up (+85) - C623 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Feb 7th, 2021 at 13994.03
The short-term trend has been DOWN since Feb 25th, 2021 at 14818.08
Smart Scan Analysis for C623
Based on our trend formula, C623 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).