Has been trending on the 3-month time frame since 1996 and is in a 20-quarter uptrend that started in the 3rd quarter of 2014 and should continue until the end of the 2nd quarter of 2019.
Note how the market consolidates for 9-quarters and then trends for 9 quarters before the trend ends, right on time.
1995 to 2000 rally set up a 9-quarter mode and a 9-quarter rally that ended right on time in 2002.
From that peak in 2002, DXY dropped into 2006 where it set up 9-quarters at 89, and set up a 9-quarter decline which ended in 2008 in the 2nd quarter.
From the low in 2008, DXY rallied to form a mode of 20-quarters at 81, and has embarked on an advance that is set to continue for 20-quarters and end at the 2nd quarter of 2019. Since the price is beyond the price range around the last mode around the 81 level, the next uptrend target would be another 19% gain from the 100 level and targeting near the 120 level.
This ULTRA-LONG TIME FRAME FORECAST is possible with the "Time At Mode" methodology.
Tim West
December 15, 2016 1:06PM EST
Catatan
I noticed that the trend chopped back and forth after the lowest low and saw that there was a trend that appeared to have ended, which it did. Sorry I missed it. I don't often view or spend time on the DXY, but I was asked tonight and looked at it.
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