Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Dow Jones CME Spot FX$INDEX (INDEX:DJCMED)
Countertrend Down (-85) - DJCMED is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid DJCMED?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJCMED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJCMED
The long-term trend has been DOWN since Mar 5th, 2021 at 129.27
The intermediate-term trend has been DOWN since Nov 5th, 2021 at 125.38
The short-term trend has been UP since Nov 26th, 2021 at 123.43
Smart Scan Analysis for DJCMED
Based on our trend formula, DJCMED is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||133.71||52wk High Date||2018-02-16|
|52wk Low||121.18||52wk Low Date||2018-11-12|