Thursday, 26 February 2009
Daily Forex Trend Report
The DailyX Trend Index ranges from -100 to +100 with -100 being the most bearish and +100 being the most bullish. Bars are painted blue if the index is above 75 (strong uptrend) and red if the index is below -75 (strong downtrend). Readings between -25 and +25 result in a green bar to indicate mean reversion, which warns of a breakout. In summary, the colors identify the lowest and highest quartile with respect to tend strength. This report will be published everyday at approximately 6 pm eastern.
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