Index Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
DJ CME SPOT FX DOLLAR INDEX (INDEX:DJCMED)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DJCMED
The long term trend has been DOWN since Apr 23rd, 2019 at 121.49
The intermediate term trend has been DOWN since Apr 18th, 2019 at 121.72
The short term trend has been DOWN since May 23rd, 2019 at 120.93
Smart Scan Analysis for DJCMED
Based on a pre-defined weighted trend formula for chart analysis, DJCMED scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||133.71||52wk High Date||2018-02-16|
|52wk Low||121.18||52wk Low Date||2018-11-12|