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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.
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MarketClub’s Trade Triangles for USDOLLAR
The long-term trend has been DOWN since Jul 21st, 2020 at 12186.47
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 11661.42
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).
| 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 High | 12320.53 | 52wk High Date | 2018-10-31 |
| 52wk Low | 11506.04 | 52wk Low Date | 2018-01-25 |