Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
NYSE Arca Gold Miners Index (AUD PR) (GIF:GDMAUD)
Weak Uptrend (+65) - GDMAUD is showing signs of weakening momentum to the upside. Monitor GDMAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GDMAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GDMAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GDMAUD
The long-term trend has been UP since Apr 14th, 2020 at 1004.52
The intermediate-term trend has been UP since Sep 15th, 2020 at 1217.00
The short-term trend has been DOWN since Sep 18th, 2020 at 1183.94
Smart Scan Analysis for GDMAUD
Based on our trend formula, GDMAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).