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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Algerian Dinar/Euro (FOREX:DZDEUR)

Strong Uptrend (+100) - DZDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DZDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.00708430 0.00708817 0.00707623 0.00707623 -0.00000800
Entry Signal

MarketClub’s Trade Triangles for DZDEUR

long term up The long-term trend has been UP since Oct 22nd, 2024 at 0.00692889

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 0.00685174

short term up The short-term trend has been UP since Nov 6th, 2024 at 0.00693745

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
0.00708430 0.00708817 0.00707623 0.00707623 -0.00000800
Prev. Close Volume Bid Ask Time
0.00708430 2024-11-20 01:29:24
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