Index Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
Dow Jones Commodity Index Zinc (INDEX:DJCIIZ)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DJCIIZ
The long term trend has been DOWN since May 13th, 2019 at 274.2842
The intermediate term trend has been DOWN since Apr 16th, 2019 at 299.2577
The short term trend has been UP since Jun 24th, 2019 at 264.1569
Smart Scan Analysis for DJCIIZ
Based on a pre-defined weighted trend formula for chart analysis, DJCIIZ scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||381.4422||52wk High Date||2018-02-15|
|52wk Low||242.5769||52wk Low Date||2018-08-16|