Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
Reality Shares Nasdaq Blockchain China HKD Index (NASDAQ:RSBCNAUSHKD)
Countertrend Up (+85) - RSBCNAUSHKD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RSBCNAUSHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSBCNAUSHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RSBCNAUSHKD
The long-term trend has been UP since Jul 2nd, 2020 at 938.80
The intermediate-term trend has been UP since May 25th, 2021 at 1165.69
The short-term trend has been DOWN since Jun 22nd, 2021 at 1178.89
Smart Scan Analysis for RSBCNAUSHKD
Based on our trend formula, RSBCNAUSHKD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).