Index Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
US DOLLAR INDEX (ICE:DX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 UP since Feb 8th, 2019 at 96.676
The short term trend has been DOWN since Feb 17th, 2019 at 96.832
Smart Scan Analysis for DX
Based on a pre-defined weighted trend formula for chart analysis, DX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk Low||88.942|
|52wk Low Date||2018-03-27|