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Index Trend Analysis Report

Prepared for you on Wednesday, August 12, 2020.

US DOLLAR INDEX (ICE:DX)

Countertrend Down (-85) - DX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid DX?

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

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

ICE_DX
Open High Low DX Price Change
93.365 93.374 93.350 93.366 -0.077
Entry Signal

MarketClub’s Trade Triangles for DX

long term down The long-term trend has been DOWN since Jul 21st, 2020 at 95.716

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2020 at 96.385

short term up The short-term trend has been UP since Aug 10th, 2020 at 93.623

Smart Scan Analysis for DX

Based on our trend formula, DX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.365 93.374 93.350 93.366 -0.077
Prev. Close Volume Bid Ask Time
93.443 0 2020-08-12 19:57:45
52wk High102.99252wk High Date2020-03-20
52wk Low92.52152wk Low Date2020-08-06
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