Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Teucrium Soybean Fund Benchmark Index (GIF:TSOYB)
Bull Market Weakness (+75) - TSOYB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TSOYB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TSOYB?
MarketClub looks at technical strength and momentum to determine if the timing is right for TSOYB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TSOYB
The long-term trend has been UP since Jul 1st, 2020 at 79.409
The intermediate-term trend has been UP since Mar 31st, 2021 at 124.648
The short-term trend has been DOWN since Apr 8th, 2021 at 122.023
Smart Scan Analysis for TSOYB
Based on our trend formula, TSOYB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).