Index Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
Dow Jones Commodity Index Nickel TR (INDEX:DJCIIKT)
Weak Uptrend (+65) - DJCIIKT is showing signs of weakening momentum to the upside. Monitor DJCIIKT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCIIKT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIIKT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIIKT
The long-term trend has been UP since Jun 8th, 2020 at 499.07
The intermediate-term trend has been UP since Jul 6th, 2020 at 497.65
The short-term trend has been DOWN since Sep 17th, 2020 at 575.97
Smart Scan Analysis for DJCIIKT
Based on our trend formula, DJCIIKT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).