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Index Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

iPath Bloomberg Cocoa Subindex Total Return ETN due Ju (GIF:NIB)

Crossroads (+60) - NIB 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 NIB?

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

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

GIF_NIB
Open High Low NIB Price Change
33.037 33.218 32.604 32.980 -0.057
Entry Signal

MarketClub’s Trade Triangles for NIB

long term down The long-term trend has been DOWN since Nov 2nd, 2020 at 27.282

intermediate term up The intermediate-term trend has been UP since Jan 4th, 2021 at 32.018

short term up The short-term trend has been UP since Feb 22nd, 2021 at 30.890

Smart Scan Analysis for NIB

Based on our trend formula, NIB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.037 33.218 32.604 32.980 -0.057
Prev. Close Volume Bid Ask Time
33.037 0 2021-02-26 12:00:45
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