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Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Dow Jones FXCM Dollar Index (INDEX:USDOLLAR)

Weak Downtrend (-65) - USDOLLAR is showing signs of a strengthening downtrend. Monitor USDOLLAR as it may be building momentum to the downside.

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
12422.22 12451.89 12403.29 12429.75 -12.95
Entry Signal

MarketClub’s Trade Triangles for USDOLLAR

long term up The long-term trend has been UP since Mar 13th, 2020 at 12492.03

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2020 at 12519.28

short term down The short-term trend has been DOWN since May 26th, 2020 at 12479.84

Smart Scan Analysis for USDOLLAR

Based on our trend formula, USDOLLAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDOLLAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12422.22 12451.89 12403.29 12429.75 -12.95
Prev. Close Volume Bid Ask Time
12560.64 0 2020-05-29 16:59:37
52wk High12320.5352wk High Date2018-10-31
52wk Low11506.0452wk Low Date2018-01-25
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