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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Dow Jones Commodity Index Cocoa ER (INDEX:DJCICCP)
Countertrend Up (+85) - DJCICCP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DJCICCP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICCP.
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 DJCICCP
The long-term trend has been UP since Nov 7th, 2022 at 70.311
The intermediate-term trend has been UP since Jan 12th, 2024 at 123.497
The short-term trend has been DOWN since Apr 23rd, 2024 at 340.909
Smart Scan Analysis for DJCICCP
Based on our trend formula, DJCICCP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 346.093 | 354.920 | 346.093 | 353.067 | +6.974 |
| Prev. Close | Volume | Bid | Ask | Time |
| 346.093 | 0 | 2024-04-25 06:20:14 |