Future Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
US DOLLAR INDEX SEPTEMBER 2020 (ICE:@DX.U20)
Sidelines Mode (-55) - @DX.U20 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.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @DX.U20
The long-term trend has been DOWN since Jul 21st, 2020 at 95.57
The intermediate-term trend has been UP since Sep 8th, 2020 at 93.48
The short-term trend has been DOWN since Sep 14th, 2020 at 93.11
Smart Scan Analysis for @DX.U20
Based on our trend formula, @DX.U20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||103.98||52wk High Date||2020-03-19|
|52wk Low||91.725||52wk Low Date||2020-09-01|