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Forex Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

Algerian Dinar/Euro (FOREX:DZDEUR)

Strong Downtrend (-100) - DZDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.00639119 0.00639831 0.00634130 0.00634291 -0.00004800
Entry Signal

MarketClub’s Trade Triangles for DZDEUR

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 0.00745817

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2020 at 0.00654702

short term down The short-term trend has been DOWN since Nov 24th, 2020 at 0.00654500

Smart Scan Analysis for DZDEUR

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

-100
Smart Scan Analysis for DZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00639119 0.00639831 0.00634130 0.00634291 -0.00004800
Prev. Close Volume Bid Ask Time
0.00639119 2020-12-03 09:09:49
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