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Index Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

Horizons DAX Germany ETF (GIF:DAX)

Strong Uptrend (+100) - DAX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DAX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid DAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for DAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_DAX
Open High Low DAX Price Change
29.550 29.926 29.550 29.865 +0.206
Entry Signal

MarketClub’s Trade Triangles for DAX

long term up The long-term trend has been UP since Nov 25th, 2020 at 29.652

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 28.463

short term up The short-term trend has been UP since Nov 4th, 2020 at 26.561

Smart Scan Analysis for DAX

Based on our trend formula, DAX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for DAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.550 29.926 29.550 29.865 +0.206
Prev. Close Volume Bid Ask Time
26.522 0 2020-11-27 17:04:38
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