Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
HORIZONS US DOLLAR CURRENCY ET (TSE:DLR.U)
Countertrend Down (-85) - DLR.U 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 DLR.U?
MarketClub looks at technical strength and momentum to determine if the timing is right for DLR.U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DLR.U
The long-term trend has been DOWN since Dec 30th, 2019 at 10.130
The intermediate-term trend has been DOWN since Aug 19th, 2021 at 10.070
The short-term trend has been UP since Sep 7th, 2021 at 10.065
Smart Scan Analysis for DLR.U
Based on our trend formula, DLR.U is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).