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Index Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Magellan Infrastructure Fund (Hedged) (GIF:MICH-AU)

Long-Term Downtrend (-90) - MICH-AU is in a strong downtrend that is likely to continue. While MICH-AU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MICH-AU?

MarketClub looks at technical strength and momentum to determine if the timing is right for MICH-AU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_MICH-AU
Open High Low MICH-AU Price Change
2.6763 2.6763 2.6537 2.6616 -0.0151
Entry Signal

MarketClub’s Trade Triangles for MICH-AU

long term down The long-term trend has been DOWN since Feb 21st, 2021 at 2.6753

intermediate term down The intermediate-term trend has been DOWN since Feb 21st, 2021 at 2.6753

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 2.6699

Smart Scan Analysis for MICH-AU

Based on our trend formula, MICH-AU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MICH-AU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6763 2.6763 2.6537 2.6616 -0.0151
Prev. Close Volume Bid Ask Time
2.6642 0 2021-02-25 23:59:52
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