Close to 4 years' long downtrend likely to persist until significant rate cuts, however it is likely to bounce up short term due to it being oversold.
Short term trend - Downwards, but likely to bounce up soon
Long term trend - Downwards
Short term trend - Downwards, but likely to bounce up soon
Long term trend - Downwards
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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.