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Future Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

US DOLLAR INDEX JUNE 2024 (ICE:@DX.M24)

Countertrend Up (+85) - @DX.M24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid @DX.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.M24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@DX.M24
Open High Low @DX.M24 Price Change
105.455 106.060 105.270 105.970 +0.519
Entry Signal

MarketClub’s Trade Triangles for @DX.M24

long term up The long-term trend has been UP since Feb 2nd, 2024 at 103.270

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 103.535

short term down The short-term trend has been DOWN since Apr 26th, 2024 at 105.425

Smart Scan Analysis for @DX.M24

Based on our trend formula, @DX.M24 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for @DX.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.455 106.060 105.270 105.970 +0.519
Prev. Close Volume Bid Ask Time
105.451 19700 2024-04-26 16:59:56
52wk High106.32552wk High Date2024-04-16
52wk Low100.1852wk Low Date2023-12-27
Volatility5.22Expiration2024-06-17
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