Index Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
Invesco DB Agriculture Fund (GIF:DBA)
Long-Term Uptrend (+90) - DBA is in a strong uptrend that is likely to continue. While DBA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid DBA?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DBA
The long-term trend has been UP since Jul 31st, 2020 at 14.104
The intermediate-term trend has been UP since Jul 9th, 2020 at 13.670
The short-term trend has been UP since Jul 17th, 2020 at 13.630
Smart Scan Analysis for DBA
Based on our trend formula, DBA is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).