Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
S&P US Dollar Futures 1x Inverse Daily Index ER (CME:SPUSDP1I)
Weak Downtrend (-65) - SPUSDP1I is showing signs of a strengthening downtrend. Monitor SPUSDP1I as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPUSDP1I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSDP1I.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPUSDP1I
The long-term trend has been UP since Dec 14th, 2023 at 86.533
The intermediate-term trend has been DOWN since Mar 21st, 2024 at 84.619
The short-term trend has been DOWN since Mar 27th, 2024 at 84.329
Smart Scan Analysis for SPUSDP1I
Based on our trend formula, SPUSDP1I is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
84.409 | 84.450 | 84.113 | 84.255 | -0.179 |
Prev. Close | Volume | Bid | Ask | Time |
84.260 | 0 | 2024-03-28 16:00:02 |