Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
DB Long US Dollar Index (GIF:USDUPX)
Sidelines Mode (+55) - USDUPX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDUPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDUPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDUPX
The long-term trend has been UP since Mar 5th, 2021 at 64.51
The intermediate-term trend has been UP since Mar 2nd, 2021 at 64.10
The short-term trend has been DOWN since Apr 6th, 2021 at 65.28
Smart Scan Analysis for USDUPX
Based on our trend formula, USDUPX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).