Index Trend Analysis Report
Prepared for you on Sunday, October 25, 2020.
ICE Dollar LatAm FX Index (GIF:ICELX)
Crossroads (-60) - ICELX 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 ICELX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICELX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ICELX
The long-term trend has been UP since Mar 27th, 2019 at 201.43
The intermediate-term trend has been DOWN since Oct 20th, 2020 at 240.23
The short-term trend has been DOWN since Oct 18th, 2020 at 241.31
Smart Scan Analysis for ICELX
Based on our trend formula, ICELX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).