Future Trend Analysis Report
Prepared for you on Saturday, April 17, 2021.
NYSE ARCA GOLD MINERS INDEX JUNE 2021 (ICE:@GDF.M21)
Sidelines Mode (-55) - @GDF.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @GDF.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @GDF.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @GDF.M21
The long-term trend has been DOWN since Nov 18th, 2020 at 1025.30
The intermediate-term trend has been DOWN since Jan 15th, 2021 at 989.50
The short-term trend has been UP since Apr 5th, 2021 at 916.85
Smart Scan Analysis for @GDF.M21
Based on our trend formula, @GDF.M21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).