Index Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
Barclays Global Carbon II TR USD Index (GIF:BXRTGC2T)
Countertrend Down (-85) - BXRTGC2T 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 BXRTGC2T?
MarketClub looks at technical strength and momentum to determine if the timing is right for BXRTGC2T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BXRTGC2T
The long-term trend has been DOWN since Oct 15th, 2020 at 130.724
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 140.985
The short-term trend has been UP since Oct 23rd, 2020 at 131.777
Smart Scan Analysis for BXRTGC2T
Based on our trend formula, BXRTGC2T is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).