Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
iPath Asian & Gulf Currency Revaluation ETN (GIF:PGDDF)
Sidelines Mode (-55) - PGDDF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PGDDF?
MarketClub looks at technical strength and momentum to determine if the timing is right for PGDDF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PGDDF
The long-term trend has been DOWN since Mar 5th, 2021 at 48.853
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 49.007
The short-term trend has been UP since Apr 6th, 2021 at 48.805
Smart Scan Analysis for PGDDF
Based on our trend formula, PGDDF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).