Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
DJ US REAL ESTATE INDEX Mar 2023 (CBOT:RX.H23)
Long-Term Downtrend (-90) - RX.H23 is in a strong downtrend that is likely to continue. While RX.H23 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 RX.H23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RX.H23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RX.H23
The long-term trend has been DOWN since Mar 10th, 2023 at 322.3
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 349.0
The short-term trend has been DOWN since Mar 8th, 2023 at 332.5
Smart Scan Analysis for RX.H23
Based on our trend formula, RX.H23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).