Index Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Value Gold ETF (USD) (GIF:9081)
Long-Term Downtrend (-90) - 9081 is in a strong downtrend that is likely to continue. While 9081 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 9081?
MarketClub looks at technical strength and momentum to determine if the timing is right for 9081.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 9081
The long-term trend has been DOWN since Nov 23rd, 2020 at 5.6977
The intermediate-term trend has been DOWN since Jan 10th, 2021 at 5.7321
The short-term trend has been DOWN since Feb 25th, 2021 at 5.4929
Smart Scan Analysis for 9081
Based on our trend formula, 9081 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).