Index Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
Market Access NYSE Arca Gold BUGS Idx ETF iNAV (GIF:GLDUSNV)
Strong Downtrend (-100) - GLDUSNV is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GLDUSNV?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLDUSNV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GLDUSNV
The long-term trend has been DOWN since Nov 19th, 2020 at 124.643
The intermediate-term trend has been DOWN since Jan 12th, 2021 at 121.602
The short-term trend has been DOWN since Jan 8th, 2021 at 129.319
Smart Scan Analysis for GLDUSNV
Based on our trend formula, GLDUSNV is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).