Future Trend Analysis Report
Prepared for you on Monday, September 26, 2022.
US DOLLAR INDEX DECEMBER 2022 (ICE:@DX.Z22)
Long-Term Uptrend (+90) - @DX.Z22 is in a strong uptrend that is likely to continue. While @DX.Z22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @DX.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @DX.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @DX.Z22
The long-term trend has been UP since Jan 27th, 2022 at 96.473
The intermediate-term trend has been UP since Sep 21st, 2022 at 110.480
The short-term trend has been UP since Sep 15th, 2022 at 109.635
Smart Scan Analysis for @DX.Z22
Based on our trend formula, @DX.Z22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||114.445||52wk High Date||2022-09-25|
|52wk Low||94.5||52wk Low Date||2022-01-14|