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Future Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

US DOLLAR INDEX DECEMBER 2020 (ICE:@DX.Z20)

Long-Term Downtrend (-90) - @DX.Z20 is in a strong downtrend that is likely to continue. While @DX.Z20 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 @DX.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.Z20.

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

ICE_@DX.Z20
Open High Low @DX.Z20 Price Change
92.000 92.035 91.740 91.830 -0.136
Entry Signal

MarketClub’s Trade Triangles for @DX.Z20

long term down The long-term trend has been DOWN since Jul 21st, 2020 at 95.615

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2020 at 92.460

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 92.185

Smart Scan Analysis for @DX.Z20

Based on our trend formula, @DX.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @DX.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.000 92.035 91.740 91.830 -0.136
Prev. Close Volume Bid Ask Time
91.966 9923 2020-11-27 13:14:58
52wk High103.74552wk High Date2020-03-19
52wk Low91.7452wk Low Date2020-11-27
Volatility5.61Expiration2020-12-14
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