Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
VanEck Vectors Junior Gold Miners ETF (GIF:GDXJ)
Crossroads (+60) - GDXJ is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GDXJ?
MarketClub looks at technical strength and momentum to determine if the timing is right for GDXJ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GDXJ
The long-term trend has been DOWN since Nov 19th, 2020 at 51.674
The intermediate-term trend has been UP since Apr 15th, 2021 at 48.911
The short-term trend has been UP since Apr 1st, 2021 at 45.921
Smart Scan Analysis for GDXJ
Based on our trend formula, GDXJ is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).