Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Iraqi Dinar (FOREX:USDIQD)
Bull Market Weakness (+75) - USDIQD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDIQD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDIQD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDIQD.
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 USDIQD
The long-term trend has been DOWN since Apr 3rd, 2024 at 1304.2286
The intermediate-term trend has been UP since Apr 28th, 2024 at 1310.5700
The short-term trend has been UP since May 7th, 2024 at 1310.0129
Smart Scan Analysis for USDIQD
Based on our trend formula, USDIQD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1309.5000 | 1310.7201 | 1309.5000 | 1310.7201 | +1.2201 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1309.5000 | 2024-05-08 21:02:47 |