Index Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
iPath Bloomberg Coffee Subindex Total Return ETN due June 24, 2038 (GIF:JJOFF)
Weak Downtrend (-65) - JJOFF is showing signs of a strengthening downtrend. Monitor JJOFF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid JJOFF?
MarketClub looks at technical strength and momentum to determine if the timing is right for JJOFF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JJOFF
The long-term trend has been UP since Aug 3rd, 2020 at 10.4473
The intermediate-term trend has been DOWN since Sep 16th, 2020 at 10.1550
The short-term trend has been DOWN since Oct 15th, 2020 at 9.0081
Smart Scan Analysis for JJOFF
Based on our trend formula, JJOFF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).