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Future Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

US DOLLAR INDEX SEPTEMBER 2020 (ICE:@DX.U20)

Long-Term Downtrend (-90) - @DX.U20 is in a strong downtrend that is likely to continue. While @DX.U20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @DX.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.U20.

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

ICE_@DX.U20
Open High Low @DX.U20 Price Change
99.970 100.460 99.970 100.000 +0.071
Entry Signal

MarketClub’s Trade Triangles for @DX.U20

long term down The long-term trend has been DOWN since Dec 2nd, 2019 at 96.672

intermediate term down The intermediate-term trend has been DOWN since Dec 2nd, 2019 at 96.730

short term down The short-term trend has been DOWN since Dec 12th, 2019 at 96.455

Smart Scan Analysis for @DX.U20

Based on our trend formula, @DX.U20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @DX.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.970 100.460 99.970 100.000 +0.071
Prev. Close Volume Bid Ask Time
99.929 37 100.000 100.070 2020-04-08 09:37:57
52wk High103.9852wk High Date2020-03-19
52wk Low94.70552wk Low Date2020-03-09
Volatility9.41Expiration2020-09-14
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