Spread Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
$ INDEX (NYBOT:DX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DX
The long term trend has been DOWN since Mar 26th, 2017 at 99.497
The intermediate term trend has been UP since Sep 26th, 2017 at 92.711
The short term trend has been UP since Oct 20th, 2017 at 93.531
Smart Scan Analysis for DX
Based on a pre-defined weighted trend formula for chart analysis, DX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||101.34||52wk High Date||2017-04-10|
|52wk Low||88.253||52wk Low Date||2018-02-16|
|Open Time||20:00||Close Time||17:00|