Index Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
Dow Jones Commodity Index Corn ER (INDEX:DJCICNP)
Long-Term Downtrend (-90) - DJCICNP is in a strong downtrend that is likely to continue. While DJCICNP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DJCICNP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCICNP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCICNP
The long-term trend has been DOWN since Sep 3rd, 2019 at 12.930
The intermediate-term trend has been DOWN since Feb 21st, 2020 at 13.000
The short-term trend has been DOWN since Feb 14th, 2020 at 13.068
Smart Scan Analysis for DJCICNP
Based on our trend formula, DJCICNP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).