Index Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
US DOLLAR INDEX (ICE:DX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DX
The long term trend has been UP since May 1st, 2018 at 91.986
The intermediate term trend has been DOWN since Jun 4th, 2019 at 97.028
The short term trend has been UP since Jul 16th, 2019 at 97.147
Smart Scan Analysis for DX
Based on a pre-defined weighted trend formula for chart analysis, DX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk Low||93.814|
|52wk Low Date||2018-09-21|