Index Trend Analysis Report
Prepared for you on Saturday, July 11, 2020.
NYSE Arca Gold Miners Index (GBP Gross TR) (GIF:GDMGBPTR)
Strong Uptrend (+100) - GDMGBPTR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GDMGBPTR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid GDMGBPTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GDMGBPTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GDMGBPTR
The long-term trend has been UP since Apr 14th, 2020 at 1260.95
The intermediate-term trend has been UP since Jun 22nd, 2020 at 1455.41
The short-term trend has been UP since Jun 19th, 2020 at 1372.19
Smart Scan Analysis for GDMGBPTR
Based on our trend formula, GDMGBPTR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).