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Forex Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

Algerian Dinar/Euro (FOREX:DZDEUR)

Long-Term Uptrend (+90) - DZDEUR is in a strong uptrend that is likely to continue. While DZDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_DZDEUR
Open High Low DZDEUR Price Change
0.00689145 0.00692903 0.00688273 0.00692131 +0.00003000
Entry Signal

MarketClub’s Trade Triangles for DZDEUR

long term up The long-term trend has been UP since Sep 14th, 2023 at 0.00685484

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2023 at 0.00673010

short term up The short-term trend has been UP since Sep 25th, 2023 at 0.00686741

Smart Scan Analysis for DZDEUR

Based on our trend formula, DZDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for DZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00689145 0.00692903 0.00688273 0.00692131 +0.00003000
Prev. Close Volume Bid Ask Time
0.00689145 2023-09-27 19:41:40
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