Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
Thomson Reuters/CoreCommodity CRB Total Return Index (GIF:TRCCRBTR)
Strong Uptrend (+100) - TRCCRBTR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TRCCRBTR 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 TRCCRBTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRCCRBTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRCCRBTR
The long-term trend has been UP since Jul 6th, 2020 at 148.72
The intermediate-term trend has been UP since May 11th, 2020 at 132.53
The short-term trend has been UP since Aug 3rd, 2020 at 153.41
Smart Scan Analysis for TRCCRBTR
Based on our trend formula, TRCCRBTR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).