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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Algerian Dinar/US Dollar (FOREX:DZDUSD)
Weak Uptrend (+65) - DZDUSD is showing signs of weakening momentum to the upside. Monitor DZDUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DZDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DZDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DZDUSD
The long-term trend has been UP since May 5th, 2024 at 0.00745635
The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.00744682
The short-term trend has been DOWN since May 8th, 2024 at 0.00742843
Smart Scan Analysis for DZDUSD
Based on our trend formula, DZDUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00742491 | 0.00743990 | 0.00741754 | 0.00743079 | +0.00000600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00742491 | 2024-05-09 11:22:01 |