Index Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Dow Jones Commodity Index Kansas Wheat TR (INDEX:DJCIKWT)
Crossroads (-60) - DJCIKWT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJCIKWT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIKWT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIKWT
The long-term trend has been UP since Nov 29th, 2019 at 19.430
The intermediate-term trend has been DOWN since Jan 30th, 2020 at 20.294
The short-term trend has been DOWN since Feb 21st, 2020 at 20.462
Smart Scan Analysis for DJCIKWT
Based on our trend formula, DJCIKWT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).