Index Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
ProShares UltraShort MSCI EAFE (GIF:EFU)
Strong Downtrend (-100) - EFU is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EFU?
MarketClub looks at technical strength and momentum to determine if the timing is right for EFU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EFU
The long-term trend has been DOWN since Jun 1st, 2020 at 21.191
The intermediate-term trend has been DOWN since Mar 16th, 2021 at 11.630
The short-term trend has been DOWN since Mar 26th, 2021 at 11.625
Smart Scan Analysis for EFU
Based on our trend formula, EFU is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).