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Index Trend Analysis Report

Prepared for you on Saturday, January 28, 2023.

Dow Jones FXCM Dollar Index (INDEX:USDOLLAR)

Strong Downtrend (-100) - USDOLLAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDOLLAR continues to fall. Traders should use caution and set stops.

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
12679.71 12699.98 12669.99 12677.95 +9.03
Entry Signal

MarketClub’s Trade Triangles for USDOLLAR

long term down The long-term trend has been DOWN since Dec 1st, 2022 at 12951.76

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2023 at 12830.01

short term down The short-term trend has been DOWN since Jan 24th, 2023 at 12687.48

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).

-100
Smart Scan Analysis for USDOLLAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12679.71 12699.98 12669.99 12677.95 +9.03
Prev. Close Volume Bid Ask Time
12668.92 0 2023-01-27 16:54:05
52wk High12320.5352wk High Date2018-10-31
52wk Low11506.0452wk Low Date2018-01-25
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