Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Global X MSCI Pakistan ETF (GIF:PAK)
Sidelines Mode (-50) - PAK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until PAK can gain momentum.
Is it time to buy, sell, or avoid PAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PAK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PAK
The long-term trend has been UP since Apr 28th, 2020 at 8.1879
The intermediate-term trend has been DOWN since Feb 24th, 2021 at 30.3229
The short-term trend has been DOWN since Apr 19th, 2021 at 30.6600
Smart Scan Analysis for PAK
Based on our trend formula, PAK is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).