Index Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
Elements linked to Rogers Intl Metals Index (GIF:RJZ)
Bull Market Weakness (+75) - RJZ is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RJZ as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RJZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for RJZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RJZ
The long-term trend has been UP since Jun 10th, 2020 at 8.1523
The intermediate-term trend has been UP since Oct 20th, 2020 at 9.4197
The short-term trend has been DOWN since Oct 26th, 2020 at 9.3678
Smart Scan Analysis for RJZ
Based on our trend formula, RJZ is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).