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Index Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

Dow Jones FXCM Dollar Index (INDEX:USDOLLAR)

Sidelines Mode (-55) - USDOLLAR 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 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.

INDEX_USDOLLAR
Open High Low USDOLLAR Price Change
11706.07 11717.59 11702.28 11716.98 +2.03
Entry Signal

MarketClub’s Trade Triangles for USDOLLAR

long term down The long-term trend has been DOWN since Jul 21st, 2020 at 12186.47

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2021 at 11661.42

short term up The short-term trend has been UP since Feb 26th, 2021 at 11669.40

Smart Scan Analysis for USDOLLAR

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

-55
Smart Scan Analysis for USDOLLAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11706.07 11717.59 11702.28 11716.98 +2.03
Prev. Close Volume Bid Ask Time
11714.95 0 2021-03-04 03:50:32
52wk High12320.5352wk High Date2018-10-31
52wk Low11506.0452wk Low Date2018-01-25
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