Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
US DOLLAR INDEX JUNE 2021 (ICE:@DX.M21)
Sidelines Mode (+55) - @DX.M21 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 @DX.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @DX.M21
The long-term trend has been UP since Mar 4th, 2021 at 91.570
The intermediate-term trend has been DOWN since Apr 14th, 2021 at 91.695
The short-term trend has been UP since Apr 16th, 2021 at 91.805
Smart Scan Analysis for @DX.M21
Based on our trend formula, @DX.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||96.6||52wk High Date||2020-07-06|
|52wk Low||89.155||52wk Low Date||2021-01-06|