Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
iShares MSCI South Korea Capped ETF (GIF:EWY)
Sidelines Mode (+55) - EWY 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 EWY?
MarketClub looks at technical strength and momentum to determine if the timing is right for EWY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EWY
The long-term trend has been UP since Jun 4th, 2020 at 57.827
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 88.038
The short-term trend has been UP since Feb 26th, 2021 at 92.113
Smart Scan Analysis for EWY
Based on our trend formula, EWY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).