Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
Dow Jones Commodity Index Lean Hogs TR (INDEX:DJCILHT)
Sidelines Mode (-55) - DJCILHT 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 DJCILHT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCILHT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCILHT
The long-term trend has been DOWN since Aug 2nd, 2019 at 15.030
The intermediate-term trend has been DOWN since Jan 6th, 2020 at 12.981
The short-term trend has been UP since Feb 18th, 2020 at 11.150
Smart Scan Analysis for DJCILHT
Based on our trend formula, DJCILHT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).