Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
Dow Jones Commodity Index Kansas Wheat ER (INDEX:DJCIKWP)
Weak Downtrend (-65) - DJCIKWP is showing signs of a strengthening downtrend. Monitor DJCIKWP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DJCIKWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIKWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIKWP
The long-term trend has been UP since Sep 18th, 2020 at 13.691
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 18.234
The short-term trend has been DOWN since Sep 20th, 2021 at 17.977
Smart Scan Analysis for DJCIKWP
Based on our trend formula, DJCIKWP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).