Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
SGI Enhanced Core ETF (NASDAQ:USDX)
Bear Market Rally (-75) - USDX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDX
The long-term trend has been DOWN since Mar 12th, 2024 at 25.00
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 25.00
The short-term trend has been DOWN since May 7th, 2024 at 25.31
Smart Scan Analysis for USDX
Based on our trend formula, USDX is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.3500 | 25.3300 | 25.3036 | 25.3200 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.3250 | 22938 | 2024-05-07 15:58:15 |
| 52wk High | 26.1922 | 52wk High Date | 2024-03-11 |
| 52wk Low | 23.92 | 52wk Low Date | 2024-03-12 |
| Average Volume | 77,851 |