Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Dow Jones Commodity Index Coffee TR (INDEX:DJCIKCT)
Bull Market Weakness (+75) - DJCIKCT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DJCIKCT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DJCIKCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIKCT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIKCT
The long-term trend has been UP since Oct 20th, 2023 at 12.0993
The intermediate-term trend has been UP since Oct 16th, 2023 at 11.3237
The short-term trend has been DOWN since Dec 6th, 2023 at 13.1947
Smart Scan Analysis for DJCIKCT
Based on our trend formula, DJCIKCT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).