Index Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Dow Jones Commodity Index Copper ER (INDEX:DJCIICP)
Weak Downtrend (-65) - DJCIICP is showing signs of a strengthening downtrend. Monitor DJCIICP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DJCIICP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIICP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIICP
The long-term trend has been DOWN since Jan 30th, 2020 at 390.408
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 423.681
The short-term trend has been UP since Mar 31st, 2020 at 337.430
Smart Scan Analysis for DJCIICP
Based on our trend formula, DJCIICP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).