Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Reality Shares Nasdaq Blockchain China CNY Index (NASDAQ:RSBCNAUSCNY)
Strong Uptrend (+100) - RSBCNAUSCNY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RSBCNAUSCNY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RSBCNAUSCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSBCNAUSCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RSBCNAUSCNY
The long-term trend has been UP since Jul 2nd, 2020 at 1049.16
The intermediate-term trend has been UP since Jun 16th, 2020 at 1015.02
The short-term trend has been UP since Jul 29th, 2020 at 1117.72
Smart Scan Analysis for RSBCNAUSCNY
Based on our trend formula, RSBCNAUSCNY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).