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Index Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

Dow Jones Commodity Index Brent Crude ER (INDEX:DJCIBRP)

Bear Market Rally (-75) - DJCIBRP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DJCIBRP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid DJCIBRP?

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

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

INDEX_DJCIBRP
Open High Low DJCIBRP Price Change
577.09 585.70 574.50 583.80 +7.09
Entry Signal

MarketClub’s Trade Triangles for DJCIBRP

long term down The long-term trend has been DOWN since Sep 7th, 2022 at 651.63

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 601.27

short term up The short-term trend has been UP since Mar 22nd, 2023 at 575.95

Smart Scan Analysis for DJCIBRP

Based on our trend formula, DJCIBRP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DJCIBRP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
577.09 585.70 574.50 583.80 +7.09
Prev. Close Volume Bid Ask Time
576.71 0 2023-03-23 10:02:54
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