Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Direxion Daily FTSE China Bear 3X Shares (GIF:YANG)
Bull Market Weakness (+75) - YANG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on YANG as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid YANG?
MarketClub looks at technical strength and momentum to determine if the timing is right for YANG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for YANG
The long-term trend has been DOWN since May 18th, 2020 at 36.209
The intermediate-term trend has been UP since Feb 26th, 2021 at 12.762
The short-term trend has been UP since Apr 7th, 2021 at 13.859
Smart Scan Analysis for YANG
Based on our trend formula, YANG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).