Index Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
US DOLLAR INDEX (ICE:DX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Mar 20th, 2019 at 96.033
The short term trend has been UP since Mar 22nd, 2019 at 96.504
Smart Scan Analysis for DX
Based on a pre-defined weighted trend formula for chart analysis, DX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||88.942|
|52wk Low Date||2018-03-27|