Index Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
First Trust Hong Kong AlphaDEX Fund (GIF:FHK)
Long-Term Uptrend (+90) - FHK is in a strong uptrend that is likely to continue. While FHK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid FHK?
MarketClub looks at technical strength and momentum to determine if the timing is right for FHK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FHK
The long-term trend has been UP since Jul 6th, 2020 at 32.356
The intermediate-term trend has been UP since Oct 8th, 2020 at 35.077
The short-term trend has been UP since Sep 30th, 2020 at 33.107
Smart Scan Analysis for FHK
Based on our trend formula, FHK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).