Index Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
FTSE Japan 100% Hedged to USD Index (GIF:GPPS006)
Sidelines Mode (+55) - GPPS006 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 GPPS006?
MarketClub looks at technical strength and momentum to determine if the timing is right for GPPS006.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GPPS006
The long-term trend has been UP since Jun 3rd, 2020 at 1557.94
The intermediate-term trend has been DOWN since Jul 31st, 2020 at 1520.13
The short-term trend has been UP since Aug 4th, 2020 at 1531.69
Smart Scan Analysis for GPPS006
Based on our trend formula, GPPS006 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).