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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Algerian Dinar/Euro (FOREX:DZDEUR)

Crossroads (+60) - DZDEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00631990 0.00632070 0.00629325 0.00629325 -0.00002700
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 up The intermediate-term trend has been UP since Mar 1st, 2021 at 0.00625583

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.00621375

Smart Scan Analysis for DZDEUR

Based on our trend formula, DZDEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for DZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00631990 0.00632070 0.00629325 0.00629325 -0.00002700
Prev. Close Volume Bid Ask Time
0.00631990 2021-03-09 05:00:45
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