Index Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
SPDR S&P China ETF (GIF:GXC)
Sidelines Mode (+55) - GXC 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 GXC?
MarketClub looks at technical strength and momentum to determine if the timing is right for GXC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GXC
The long-term trend has been UP since Jun 5th, 2020 at 103.298
The intermediate-term trend has been UP since Oct 7th, 2020 at 120.274
The short-term trend has been DOWN since Nov 30th, 2020 at 129.049
Smart Scan Analysis for GXC
Based on our trend formula, GXC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).