Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Dow Jones Commodity Index Corn ER (INDEX:DJCICNP)
Sidelines Mode (+55) - DJCICNP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 1st, 2021 at 18.210
The intermediate-term trend has been UP since Oct 27th, 2021 at 19.012
The short-term trend has been DOWN since Nov 26th, 2021 at 19.812
Smart Scan Analysis for DJCICNP
Based on our trend formula, DJCICNP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).