Index Trend Analysis Report
Prepared for you on Sunday, December 17, 2017.
DJ FXCM DOLLAR INDEX (INDEX:USDOLLAR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 USDOLLAR
The long term trend has been UP since Nov 5th, 2017 at 12096.90
The intermediate term trend has been UP since Dec 12th, 2017 at 12039.62
The short term trend has been DOWN since Dec 13th, 2017 at 12010.15
Smart Scan Analysis for USDOLLAR
Based on a pre-defined weighted trend formula for chart analysis, USDOLLAR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12636.17||52wk High Date||2017-01-03|
|52wk Low||11750.54||52wk Low Date||2017-09-08|