Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
US DOLLAR INDEX JUNE 2020 (ICE:@DX.M20)
Long-Term Uptrend (+90) - @DX.M20 is in a strong uptrend that is likely to continue. While @DX.M20 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.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @DX.M20
The long-term trend has been UP since Mar 17th, 2020 at 99.44
The intermediate-term trend has been UP since Mar 17th, 2020 at 99.19
The short-term trend has been UP since Apr 2nd, 2020 at 99.76
Smart Scan Analysis for @DX.M20
Based on our trend formula, @DX.M20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||103.96||52wk High Date||2020-03-22|
|52wk Low||94.405||52wk Low Date||2019-06-25|