Futopt Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
US DOLLAR INDEX DECEMBER 2022 PUT 5550 (ICE:@DX.Z22.5550P)
Strong Downtrend (-100) - @DX.Z22.5550P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @DX.Z22.5550P continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @DX.Z22.5550P?
MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.Z22.5550P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @DX.Z22.5550P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @DX.Z22.5550P
Based on our trend formula, @DX.Z22.5550P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).