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Index Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

US DOLLAR INDEX (ICE:DX)

Sidelines Mode (+55) - DX 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?

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

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

ICE_DX
Open High Low DX Price Change
90.194 90.413 90.178 90.308 +0.167
Entry Signal

MarketClub’s Trade Triangles for DX

long term up The long-term trend has been UP since Mar 5th, 2021 at 91.945

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2021 at 91.709

short term up The short-term trend has been UP since May 12th, 2021 at 90.339

Smart Scan Analysis for DX

Based on our trend formula, DX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.194 90.413 90.178 90.308 +0.167
Prev. Close Volume Bid Ask Time
90.141 0 2021-05-12 04:14:14
52wk High100.55652wk High Date2020-05-14
52wk Low89.20952wk Low Date2021-01-06
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