Index Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
Invesco DB Precious Metals Fund (GIF:DBP)
Crossroads (+60) - DBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DBP
The long-term trend has been DOWN since Feb 12th, 2021 at 47.990
The intermediate-term trend has been UP since Apr 15th, 2021 at 48.886
The short-term trend has been UP since Apr 6th, 2021 at 48.000
Smart Scan Analysis for DBP
Based on our trend formula, DBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).