Index Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
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.
MarketClub’s Trade Triangles for DAX
The long-term trend has been UP since Nov 25th, 2020 at 29.652
The intermediate-term trend has been UP since Mar 9th, 2021 at 31.626
The short-term trend has been UP since Mar 30th, 2021 at 32.277
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).