Index Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Direxion Daily Financial Bear 3X Shares (GIF:FAZ)
Strong Downtrend (-100) - FAZ 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 FAZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for FAZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FAZ
The long-term trend has been DOWN since Apr 9th, 2020 at 23.8980
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 12.4260
The short-term trend has been DOWN since Feb 2nd, 2021 at 6.7649
Smart Scan Analysis for FAZ
Based on our trend formula, FAZ is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).