Readings between -25 and +25 result in a green bar to indicate that price has reversed to the mean. On the charts, bars are painted blue if the index is above 75 (strong uptrend) and red if the index is below -75 (strong downtrend).
In a range / stern uptrend
-25 to 25. Daily Forex Trend Report
-USDCAD eyes 1.30, big move expected
About the DFX Trend Index
The DFX Trend Index ranges from -100 to +100 and is updated everyday at 5 pm eastern US time. Strong uptrend / potential for a top
25 to 75. The spreadsheet shows the index values for the last 15 days (there may be a slight difference between the index values produced by the charting package and the spreadsheet). None
BRITISH POUND / US DOLLAR
The. Considering that the EURUSD has declined from 1.60 since July and from 1.47 since December, it is unlikely that the EURUSD has just entered a downtrend. Strong downtrend / potential for a bottom
EURO / US DOLLAR
The trend index is at -38, which indicates range / peirce downtrend. Price has reversed to the mean
-100 to -75. |