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Index Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Dow Jones FXCM Dollar Index (INDEX:USDOLLAR)

Crossroads (-60) - USDOLLAR is struggling to move into a solid trend. Beware of choppy markets 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
11756.71 11760.69 11686.98 11696.16 -54.48
Entry Signal

MarketClub’s Trade Triangles for USDOLLAR

long term up The long-term trend has been UP since Mar 25th, 2021 at 11885.31

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2021 at 11778.95

short term down The short-term trend has been DOWN since May 7th, 2021 at 11746.40

Smart Scan Analysis for USDOLLAR

Based on our trend formula, USDOLLAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDOLLAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11756.71 11760.69 11686.98 11696.16 -54.48
Prev. Close Volume Bid Ask Time
11696.16 0 2021-05-07 18:56:08
52wk High12320.5352wk High Date2018-10-31
52wk Low11506.0452wk Low Date2018-01-25
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