Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Canadian Crude Index (CCI) Excess Return Index (GIF:CCIER)
Sidelines Mode (-55) - CCIER is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CCIER?
MarketClub looks at technical strength and momentum to determine if the timing is right for CCIER.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CCIER
The long-term trend has been UP since Jul 8th, 2020 at 250.345
The intermediate-term trend has been DOWN since Sep 6th, 2020 at 269.581
The short-term trend has been UP since Sep 17th, 2020 at 258.030
Smart Scan Analysis for CCIER
Based on our trend formula, CCIER is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).