Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
S&P US DOLLAR FUTURES EXCESS RETURN (CME:SPUSDP)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SPUSDP
The long term trend has been DOWN since Mar 24th, 2017 at 88.90
The intermediate term trend has been DOWN since Nov 22nd, 2017 at 84.03
The short term trend has been UP since Feb 19th, 2018 at 80.50
Smart Scan Analysis for SPUSDP
Based on a pre-defined weighted trend formula for chart analysis, SPUSDP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||91.39||52wk High Date||2017-03-02|
|52wk Low||79.61||52wk Low Date||2018-02-16|