Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
DB Agriculture Double Short ETN (GIF:AGA)
Countertrend Down (-85) - AGA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid AGA?
MarketClub looks at technical strength and momentum to determine if the timing is right for AGA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AGA
The long-term trend has been DOWN since Jul 1st, 2020 at 47.93
The intermediate-term trend has been DOWN since Dec 17th, 2020 at 36.83
The short-term trend has been UP since Jan 22nd, 2021 at 29.92
Smart Scan Analysis for AGA
Based on our trend formula, AGA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).