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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.
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MarketClub’s Trade Triangles for USDOLLAR
The long-term trend has been DOWN since Dec 1st, 2022 at 12951.76
The intermediate-term trend has been DOWN since Jan 9th, 2023 at 12830.01
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).
| 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 High | 12320.53 | 52wk High Date | 2018-10-31 |
| 52wk Low | 11506.04 | 52wk Low Date | 2018-01-25 |