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DXY Z-Score

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The "DXY Z-Score" indicator measures the US Dollar Index’s (DXY) current price relative to its recent average, normalized by its standard deviation.

It calculates a standardized Z-Score that oscillates around zero, highlighting when the DXY is significantly overbought or oversold.

Key features include:
- The Z-Score line oscillating between fixed upper (+2) and lower (-2) horizontal levels
- A shaded background to emphasize the Z-Score range between these bands
- A dynamic table showing the current Z-Score value linked linearly to the Z-Score plot

This indicator is useful for assessing the strength or weakness of the US Dollar relative to its recent history, providing insights into potential market reversals or trend continuations.

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