Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
DIREXION DAILY JUNIOR GOLD MINERS BULL (PACF:JNUG.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JNUG.IV
The long term trend has been DOWN since Feb 9th, 2018 at 12.0348
The intermediate term trend has been DOWN since Jan 29th, 2018 at 16.2090
The short term trend has been UP since Mar 21st, 2018 at 13.4226
Smart Scan Analysis for JNUG.IV
Based on a pre-defined weighted trend formula for chart analysis, JNUG.IV scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||31.1064||52wk High Date||2017-03-21|
|52wk Low||11.3248||52wk Low Date||2018-02-09|