Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
Direxion Daily MSCI Mexico Bull 3X Shares (GIF:MEXX)
Strong Uptrend (+100) - MEXX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MEXX 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 MEXX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MEXX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MEXX
The long-term trend has been UP since Oct 9th, 2020 at 36.1989
The intermediate-term trend has been UP since Mar 10th, 2021 at 60.9614
The short-term trend has been UP since Apr 14th, 2021 at 73.0881
Smart Scan Analysis for MEXX
Based on our trend formula, MEXX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).