Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
NYSE Arca Gold Miners Index (AUD Net TR) (GIF:GDMAUDNR)
Sidelines Mode (-55) - GDMAUDNR 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 GDMAUDNR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GDMAUDNR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GDMAUDNR
The long-term trend has been DOWN since Oct 28th, 2020 at 1263.44
The intermediate-term trend has been UP since Mar 15th, 2021 at 1061.75
The short-term trend has been DOWN since Apr 12th, 2021 at 1094.72
Smart Scan Analysis for GDMAUDNR
Based on our trend formula, GDMAUDNR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).