Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
US DOLLAR INDEX SEPTEMBER 2021 (ICE:@DX.U21)
Strong Downtrend (-100) - @DX.U21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @DX.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @DX.U21
The long-term trend has been DOWN since May 21st, 2021 at 89.675
The intermediate-term trend has been DOWN since Jul 29th, 2021 at 91.995
The short-term trend has been DOWN since Jul 26th, 2021 at 92.785
Smart Scan Analysis for @DX.U21
Based on our trend formula, @DX.U21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||93.43||52wk High Date||2021-03-31|
|52wk Low||89.13||52wk Low Date||2021-01-06|