Index Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
Dow Jones Commodity Index Brent Crude TR (INDEX:DJCIBRT)
Crossroads (-60) - DJCIBRT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for DJCIBRT
The long-term trend has been UP since Jan 12th, 2022 at 773.65
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 1109.81
The short-term trend has been DOWN since Jun 15th, 2022 at 1178.56
Smart Scan Analysis for DJCIBRT
Based on our trend formula, DJCIBRT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).