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.
MarketClub’s Trade Triangles for UDN
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
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).