Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
US DOLLAR INDEX MARCH 2022 (ICE:@DX.H22)
Long-Term Uptrend (+90) - @DX.H22 is in a strong uptrend that is likely to continue. While @DX.H22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @DX.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @DX.H22
The long-term trend has been UP since Jul 19th, 2021 at 92.856
The intermediate-term trend has been UP since Jan 26th, 2022 at 96.335
The short-term trend has been UP since Jan 16th, 2022 at 95.255
Smart Scan Analysis for @DX.H22
Based on our trend formula, @DX.H22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||97.3||52wk High Date||2022-01-27|
|52wk Low||89.655||52wk Low Date||2021-06-01|