ilmscore | Prediction Details
By Camel Finance | January 3, 2024 | Incorrect
Interpreted Prediction
Predicted that the US Dollar Index (DXY) will be pressured to the downside as long as the Euro continues to make higher highs and higher lows.
AI Evaluation Notes
The prediction stated that the US Dollar Index (DXY) would be pressured to the downside as long as the Euro continued to make higher highs and higher lows. However, the Euro (EUR/USD) trended downwards from January 2024 to April 2024, making lower highs and lower lows (e.g., averaging 1.091 in January and dropping to around 1.06 in April). Correspondingly, the DXY, which is inversely correlated with the Euro, increased during this period, contradicting the prediction of it being pressured to the downside. The DXY showed a gain of approximately 1.48% to 1.52% over the three months leading up to April 2024.

Prediction Details

Ticker
Target
DXY pressured to the downside
Predicted date
As long as Euro continues higher

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