Index Trend Analysis Report
Prepared for you on Saturday, August 20, 2022.
Dow Jones Commodity Index Nickel TR (INDEX:DJCIIKT)
Weak Downtrend (-65) - DJCIIKT is showing signs of a strengthening downtrend. Monitor DJCIIKT as it may be building momentum to the downside.
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 DOWN since Jun 22nd, 2022 at 941.86
The intermediate-term trend has been UP since Jul 29th, 2022 at 876.87
The short-term trend has been DOWN since Aug 19th, 2022 at 829.53
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).