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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
US Dollar/Iraqi Dinar (FOREX:USDIQD)
Sidelines Mode (-55) - USDIQD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Apr 2nd, 2024 at 1309.2949
The short-term trend has been UP since Apr 19th, 2024 at 1309.8617
Smart Scan Analysis for USDIQD
Based on our trend formula, USDIQD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1310.0 | 1310.0 | 1309.5 | 1309.5 | -0.5 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1310.0 | 2024-04-22 14:07:09 |