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Index Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

Direxion Daily Junior Gold Miners Index Bull 3X Shares (GIF:JNUG)

Long-Term Downtrend (-90) - JNUG is in a strong downtrend that is likely to continue. While JNUG 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 JNUG?

MarketClub looks at technical strength and momentum to determine if the timing is right for JNUG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_JNUG
Open High Low JNUG Price Change
80.5833 81.9348 76.0216 81.6515 +1.8585
Entry Signal

MarketClub’s Trade Triangles for JNUG

long term down The long-term trend has been DOWN since Nov 18th, 2020 at 109.4627

intermediate term down The intermediate-term trend has been DOWN since Feb 17th, 2021 at 91.0851

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 88.9192

Smart Scan Analysis for JNUG

Based on our trend formula, JNUG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for JNUG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.5833 81.9348 76.0216 81.6515 +1.8585
Prev. Close Volume Bid Ask Time
81.6869 0 2021-03-05 16:00:00
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