Index Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
iPath Optimized Currency Carry ETN (GIF:ICITF)
Weak Downtrend (-65) - ICITF is showing signs of a strengthening downtrend. Monitor ICITF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ICITF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICITF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ICITF
The long-term trend has been DOWN since Oct 20th, 2020 at 36.885
The intermediate-term trend has been DOWN since Dec 2nd, 2020 at 37.049
The short-term trend has been UP since Jan 7th, 2021 at 36.935
Smart Scan Analysis for ICITF
Based on our trend formula, ICITF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).