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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Algerian Dinar/Euro (FOREX:DZDEUR)

Bull Market Weakness (+75) - DZDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DZDEUR as it may be in the beginning stages of a reversal.

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
0.00698186 0.00698186 0.00696591 0.00697305 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for DZDEUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.00694786

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00687714

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 0.00694979

Smart Scan Analysis for DZDEUR

Based on our trend formula, DZDEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for DZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00698186 0.00698186 0.00696591 0.00697305 -0.00000900
Prev. Close Volume Bid Ask Time
0.00698186 2024-04-19 16:19:09
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