Index Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
SPROTT ZACKS JUNIOR GOLD MINERS INDEX (PACF:ZAXSGDJ)
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 ZAXSGDJ
The long term trend has been DOWN since Nov 14th, 2017 at 1207.3690
The intermediate term trend has been DOWN since Jul 17th, 2018 at 1091.7494
The short term trend has been UP since Sep 12th, 2018 at 900.2802
Smart Scan Analysis for ZAXSGDJ
Based on a pre-defined weighted trend formula for chart analysis, ZAXSGDJ scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1409.172||52wk High Date||2017-10-10|
|52wk Low||874.5711||52wk Low Date||2018-09-11|