Index Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Elements linked to Rogers Intl Energy Index (GIF:RJN)
Bull Market Weakness (+75) - RJN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RJN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RJN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RJN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RJN
The long-term trend has been DOWN since Oct 1st, 2020 at 1.3746
The intermediate-term trend has been UP since Nov 11th, 2020 at 1.4807
The short-term trend has been UP since Nov 23rd, 2020 at 1.4693
Smart Scan Analysis for RJN
Based on our trend formula, RJN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).