DailyFX Trend Report

The DFX Trend Index ranges from -100 to +100 and is updated everyday at 5 pm eastern US time. The numbers correspond to specific trend conditions.

50 to 100: uptrend / potential for a top increases the closer the index is to 100 (high readings during trends)
25 to 50: in a range / bullish potential
-25 to 25: price has reversed to the mean
-50 to -25: in a range / bearish potential
-100 to -50: downtrend / potential for a bottom increases the closer the index is to -100 (high readings during trends)