Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Algerian Dinar/US Dollar (FOREX:DZDUSD)
Long-Term Downtrend (-90) - DZDUSD is in a strong downtrend that is likely to continue. While DZDUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DZDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DZDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DZDUSD
The long-term trend has been DOWN since Dec 18th, 2024 at 0.00744509
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.00746877
The short-term trend has been DOWN since Dec 10th, 2024 at 0.00747290
Smart Scan Analysis for DZDUSD
Based on our trend formula, DZDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00741719 | 0.00741769 | 0.00738627 | 0.00740728 | -0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00741624 | 2024-12-24 17:13:34 |