Index Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
Daiwa ETF MSCI Japan ESG Select Leaders Index (GIF:C653)
Sidelines Mode (+55) - C653 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid C653?
MarketClub looks at technical strength and momentum to determine if the timing is right for C653.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for C653
The long-term trend has been UP since Jun 1st, 2020 at 2019.49
The intermediate-term trend has been DOWN since Jul 9th, 2020 at 1969.10
The short-term trend has been UP since Aug 3rd, 2020 at 1958.49
Smart Scan Analysis for C653
Based on our trend formula, C653 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).