Index Trend Analysis Report
Prepared for you on Thursday, October 22, 2020.
ICE U.S. Treasury 20+ Year Index - Modified Duration (GIF:ICET20MD)
Weak Downtrend (-65) - ICET20MD is showing signs of a strengthening downtrend. Monitor ICET20MD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ICET20MD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICET20MD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ICET20MD
The long-term trend has been UP since Sep 1st, 2020 at 19.473
The intermediate-term trend has been DOWN since Sep 28th, 2020 at 19.372
The short-term trend has been DOWN since Oct 19th, 2020 at 19.285
Smart Scan Analysis for ICET20MD
Based on our trend formula, ICET20MD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).