Taking in the Total Market View: Part 1
first, let's look at the us dollar, . . .
Enter your text here...
I know. I know. The internet is buzzing about the end of the US Dollar and the end of the World. Well, the truth is less emotional and more clear when we confine ourselves to analyzing the long-term aspects of Price and Trend.
As you can see on the above chart, pulling back away from the intraday viewpoint or even the Daily one, we find that a strong and enduring upward trend has been and still is intact to this day.
If you're interested in obtaining a longer-term perspective for your businesses or investments sake, then, it's important to know how a fundamental issue like the Currency's Trend is vital to assess accurately.
For the strong US Dollar, Quarterly Trends are more important than the daily or weekily trends. On this basis, it's clear that this currency, (and the Ruble), are the strongest currencies in play today. However, the US Dollar's trend has a longer History to it's trend.
As a World Reserve Currency, there's a strong momentum to overcome and the chart above indicates that this upwards momentum is still intact.
We'll explore some of the other MAJOR foundations of Value in the coming posts to get a better overall view minus the emotions of the day. But, for today's post this is our . . .
summary:
the us dollar is still trending upwards
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