Index Trend Analysis Report
Prepared for you on Monday, September 28, 2020.
Direxion Daily 7-10 Year Treasury Bull 3X Shares (GIF:TYD)
Bull Market Weakness (+75) - TYD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TYD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TYD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TYD
The long-term trend has been UP since Mar 7th, 2019 at 43.970
The intermediate-term trend has been DOWN since Aug 11th, 2020 at 68.295
The short-term trend has been UP since Sep 21st, 2020 at 68.449
Smart Scan Analysis for TYD
Based on our trend formula, TYD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).