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Index Trend Analysis Report

Prepared for you on Saturday, August 15, 2020.

ICE BofAML Commodity Index eXtra (Coffee) Total Return (GIF:MLCXKCTR)

Weak Uptrend (+65) - MLCXKCTR is showing signs of weakening momentum to the upside. Monitor MLCXKCTR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MLCXKCTR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MLCXKCTR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_MLCXKCTR
Open High Low MLCXKCTR Price Change
19.624 19.624 19.624 19.624 0.000
Entry Signal

MarketClub’s Trade Triangles for MLCXKCTR

long term up The long-term trend has been UP since Aug 3rd, 2020 at 20.001

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2020 at 17.846

short term down The short-term trend has been DOWN since Aug 11th, 2020 at 20.367

Smart Scan Analysis for MLCXKCTR

Based on our trend formula, MLCXKCTR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MLCXKCTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.624 19.624 19.624 19.624 0.000
Prev. Close Volume Bid Ask Time
17.315 0 2020-08-12 00:02:11
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