Index Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
US DOLLAR INDEX (ICE:DX)
Weak Uptrend (+65) - DX is showing signs of weakening momentum to the upside. Monitor DX as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for DX
The long-term trend has been UP since Mar 18th, 2020 at 99.910
The intermediate-term trend has been UP since Mar 17th, 2020 at 99.638
The short-term trend has been DOWN since Apr 7th, 2020 at 100.143
Smart Scan Analysis for DX
Based on our trend formula, DX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||102.992||52wk High Date||2020-03-20|
|52wk Low||94.65||52wk Low Date||2020-03-09|