Dollar Oversold?

Bespoke comes slamming home with two charts, a table and some commentary:

With the US Dollar index falling even lower today, below we highlight the historical bull and bear markets of the currency. As shown, market cycles for the currency are longer than some of the other asset classes that we have looked at. The average bull market for the US Dollar is 1,710 days long for an average gain of 48.90%. The average bear market is 1,610 days for an average decline of 31.84%. Based on these averages, the current bear market is both longer in duration and more extreme in its decline. Since the current bear market in the US Dollar started in July 2001, currency has declined 37.69%.

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