Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
S-Net ITG Agriculture Net Total Return Index (EUR) (GIF:AGRIET)
Countertrend Up (+85) - AGRIET is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid AGRIET?
MarketClub looks at technical strength and momentum to determine if the timing is right for AGRIET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AGRIET
The long-term trend has been UP since Sep 2nd, 2020 at 5084.96
The intermediate-term trend has been UP since Sep 2nd, 2020 at 5084.96
The short-term trend has been DOWN since Sep 21st, 2020 at 5087.68
Smart Scan Analysis for AGRIET
Based on our trend formula, AGRIET is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).