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Index Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

Direxion Daily Brazil Bull 3X Shares (GIF:BRZU)

Long-Term Uptrend (+90) - BRZU is in a strong uptrend that is likely to continue. While BRZU is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid BRZU?

MarketClub looks at technical strength and momentum to determine if the timing is right for BRZU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_BRZU
Open High Low BRZU Price Change
68.3409 85.8261 68.3409 83.0471 +6.7577
Entry Signal

MarketClub’s Trade Triangles for BRZU

long term up The long-term trend has been UP since Apr 23rd, 2020 at 41.3570

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2020 at 2.1513

short term up The short-term trend has been UP since May 18th, 2020 at 48.5872

Smart Scan Analysis for BRZU

Based on our trend formula, BRZU is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BRZU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.3409 85.8261 68.3409 83.0471 +6.7577
Prev. Close Volume Bid Ask Time
1.5986 0 2020-06-03 19:14:54
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