Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
Dow Jones Commodity Index Zinc ER (INDEX:DJCIIZP)
Sidelines Mode (-55) - DJCIIZP 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 DJCIIZP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIIZP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIIZP
The long-term trend has been DOWN since May 12th, 2022 at 177.3753
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 207.7800
The short-term trend has been UP since May 27th, 2022 at 190.3600
Smart Scan Analysis for DJCIIZP
Based on our trend formula, DJCIIZP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).