Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

Dow Jones Commodity Index Wheat ER (INDEX:DJCIWHP)

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

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

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

INDEX_DJCIWHP
Open High Low DJCIWHP Price Change
6.4162 6.4446 6.3141 6.4389 +0.0255
Entry Signal

MarketClub’s Trade Triangles for DJCIWHP

long term down The long-term trend has been DOWN since Feb 16th, 2024 at 6.5060

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 6.2692

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 6.4845

Smart Scan Analysis for DJCIWHP

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

-90
Smart Scan Analysis for DJCIWHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.4162 6.4446 6.3141 6.4389 +0.0255
Prev. Close Volume Bid Ask Time
6.4276 0 2024-04-19 14:09:49
Get a free daily analysis and signals for Dow Jones Commodity Index Wheat ER (DJCIWHP) - Request Your Free Report.