Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
Dow Jones FXCM Dollar Index (INDEX:USDOLLAR)
Strong Uptrend (+100) - USDOLLAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDOLLAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDOLLAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDOLLAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDOLLAR
The long-term trend has been UP since Mar 25th, 2021 at 11885.31
The intermediate-term trend has been UP since Jan 26th, 2022 at 12227.90
The short-term trend has been UP since Jan 18th, 2022 at 12149.38
Smart Scan Analysis for USDOLLAR
Based on our trend formula, USDOLLAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12320.53||52wk High Date||2018-10-31|
|52wk Low||11506.04||52wk Low Date||2018-01-25|