Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
ICE Dollar LatAm FX Index Official 3 PM NY Close (GIF:ICELXC)
Crossroads (-60) - ICELXC 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 ICELXC?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICELXC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ICELXC
The long-term trend has been UP since Mar 3rd, 2021 at 236.06
The intermediate-term trend has been DOWN since Apr 9th, 2021 at 231.55
The short-term trend has been DOWN since Apr 1st, 2021 at 236.25
Smart Scan Analysis for ICELXC
Based on our trend formula, ICELXC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).