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Index Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

Invesco DB US Dollar Index Bullish Fund (GIF:UUP)

Long-Term Downtrend (-90) - UUP is in a strong downtrend that is likely to continue. While UUP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid UUP?

MarketClub looks at technical strength and momentum to determine if the timing is right for UUP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_UUP
Open High Low UUP Price Change
24.879 24.879 24.750 24.770 -0.040
Entry Signal

MarketClub’s Trade Triangles for UUP

long term down The long-term trend has been DOWN since Jul 15th, 2020 at 25.89

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2020 at 24.96

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 24.88

Smart Scan Analysis for UUP

Based on our trend formula, UUP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for UUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.879 24.879 24.750 24.770 -0.040
Prev. Close Volume Bid Ask Time
25.250 0 2020-11-27 13:03:53
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