Analysis based on indicators shows the short-term break below the support channel.
A long-term downtrend is emerging as shown in subchart.
Conclusion: The downtrend will continue for a while.
The input used in main chart is for short term trend analysis, the input used in subchart is for mid and long term trend analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.