Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
DJ CME SPOT FX DOLLAR INDEX (INDEX:DJCMED)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 UP since Dec 17th, 2018 at 125.86
The intermediate term trend has been DOWN since Apr 18th, 2019 at 121.72
The short term trend has been DOWN since Apr 18th, 2019 at 122.04
Smart Scan Analysis for DJCMED
Based on a pre-defined weighted trend formula for chart analysis, DJCMED scored -60 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|