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.
MarketClub’s Trade Triangles for DZDEUR
The long-term trend has been DOWN since Mar 6th, 2020 at 0.00745817
The intermediate-term trend has been UP since Mar 1st, 2021 at 0.00625583
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).