Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
Thomson Reuters Equal Weight Commodity Index (GIF:TRCCI)
Strong Uptrend (+100) - TRCCI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TRCCI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid TRCCI?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRCCI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRCCI
The long-term trend has been UP since Jul 1st, 2020 at 366.36
The intermediate-term trend has been UP since Oct 8th, 2020 at 418.51
The short-term trend has been UP since Oct 16th, 2020 at 419.83
Smart Scan Analysis for TRCCI
Based on our trend formula, TRCCI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).