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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Euro/Algerian Dinar (FOREX:EURDZD)
Countertrend Down (-85) - EURDZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURDZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURDZD.
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 EURDZD
The long-term trend has been DOWN since Apr 12th, 2024 at 143.9310
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 145.4316
The short-term trend has been UP since Apr 18th, 2024 at 143.8910
Smart Scan Analysis for EURDZD
Based on our trend formula, EURDZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 144.121 | 144.343 | 143.955 | 144.187 | +0.066 |
| Prev. Close | Volume | Bid | Ask | Time |
| 144.121 | 2024-04-25 08:35:19 |