Index Trend Analysis Report
Prepared for you on Saturday, June 10, 2023.
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 Mar 8th, 2023 at 151.33
The intermediate-term trend has been DOWN since Feb 6th, 2023 at 166.02
The short-term trend has been UP since Jun 6th, 2023 at 121.00
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).