Index Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
S&P US Dollar Futures Index ER (CME:SPUSDP)
Crossroads (-60) - SPUSDP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPUSDP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSDP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPUSDP
The long-term trend has been UP since Mar 4th, 2021 at 86.31
The intermediate-term trend has been DOWN since Apr 14th, 2021 at 86.27
The short-term trend has been DOWN since Apr 5th, 2021 at 87.39
Smart Scan Analysis for SPUSDP
Based on our trend formula, SPUSDP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||89.23||52wk High Date||2018-11-13|
|52wk Low||79.61||52wk Low Date||2018-02-16|