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Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Dow Jones Commodity Index Brent Crude TR (INDEX:DJCIBRT)
Sidelines Mode (+50) - DJCIBRT is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until DJCIBRT can gain momentum.
Is it time to buy, sell, or avoid DJCIBRT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIBRT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DJCIBRT
The long-term trend has been DOWN since Jun 3rd, 2024 at 1040.78
The intermediate-term trend has been UP since Oct 1st, 2024 at 1046.80
The short-term trend has been UP since Oct 22nd, 2024 at 1047.42
Smart Scan Analysis for DJCIBRT
Based on our trend formula, DJCIBRT is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1043.98 | 1065.80 | 1039.20 | 1064.53 | +20.27 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1064.53 | 0 | 2024-10-25 15:33:53 |