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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

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
103.591 103.826 103.576 103.787 +0.193
Entry Signal

MarketClub’s Trade Triangles for DX

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 102.467

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2024 at 103.769

short term up The short-term trend has been UP since Mar 12th, 2024 at 102.898

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
103.591 103.826 103.576 103.787 +0.193
Prev. Close Volume Bid Ask Time
103.594 0 2024-03-19 02:59:41
52wk High107.34852wk High Date2023-10-03
52wk Low99.57852wk Low Date2023-07-14
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