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.
MarketClub’s Trade Triangles for USDOLLAR
The long-term trend has been UP since Mar 13th, 2020 at 12492.03
The intermediate-term trend has been DOWN since Apr 13th, 2020 at 12519.28
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).
|52wk High||12320.53||52wk High Date||2018-10-31|
|52wk Low||11506.04||52wk Low Date||2018-01-25|