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Index Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Invesco DB US Dollar Index Bearish Fund (GIF:UDN)

Strong Downtrend (-100) - UDN 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 UDN?

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

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

GIF_UDN
Open High Low UDN Price Change
19.587 19.757 19.587 19.700 -0.060
Entry Signal

MarketClub’s Trade Triangles for UDN

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for UDN

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

-100
Smart Scan Analysis for UDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.587 19.757 19.587 19.700 -0.060
Prev. Close Volume Bid Ask Time
19.890 0 2020-04-08 19:15:05
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