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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Iraqi Dinar/US Dollar (FOREX:IQDUSD)

Weak Downtrend (-65) - IQDUSD is showing signs of a strengthening downtrend. Monitor IQDUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid IQDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for IQDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IQDUSD
Open High Low IQDUSD Price Change
0.00076329 0.00076329 0.00076329 0.00076329 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDUSD

long term up The long-term trend has been UP since Apr 3rd, 2024 at 0.00076708

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2024 at 0.00076337

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.00076349

Smart Scan Analysis for IQDUSD

Based on our trend formula, IQDUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for IQDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00076329 0.00076329 0.00076329 0.00076329 0.00000000
Prev. Close Volume Bid Ask Time
0.00076329 2024-05-08 21:02:47
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