Index Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
iPath Bloomberg Precious Metals Subindex Total Return ETN (GIF:JJPFF)
Long-Term Downtrend (-90) - JJPFF is in a strong downtrend that is likely to continue. While JJPFF 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 JJPFF?
MarketClub looks at technical strength and momentum to determine if the timing is right for JJPFF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JJPFF
The long-term trend has been DOWN since Nov 24th, 2020 at 78.395
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 79.464
The short-term trend has been DOWN since Nov 19th, 2020 at 80.897
Smart Scan Analysis for JJPFF
Based on our trend formula, JJPFF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).