Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
iShares MSCI China A UCITS ETF (GIF:CNYA)
Bull Market Weakness (+75) - CNYA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CNYA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CNYA?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CNYA
The long-term trend has been UP since Jul 1st, 2020 at 31.692
The intermediate-term trend has been UP since Oct 6th, 2020 at 37.650
The short-term trend has been DOWN since Oct 23rd, 2020 at 38.309
Smart Scan Analysis for CNYA
Based on our trend formula, CNYA is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).