Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Dow Jones Commodity Index Unleaded Gasoline TR (INDEX:DJCIRBT)
Weak Downtrend (-65) - DJCIRBT is showing signs of a strengthening downtrend. Monitor DJCIRBT as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DJCIRBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCIRBT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCIRBT
The long-term trend has been UP since Nov 24th, 2020 at 596.65
The intermediate-term trend has been DOWN since Nov 4th, 2021 at 1163.43
The short-term trend has been DOWN since Nov 26th, 2021 at 1113.98
Smart Scan Analysis for DJCIRBT
Based on our trend formula, DJCIRBT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).