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Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
Algerian Dinar/US Dollar (FOREX:DZDUSD)
Countertrend Up (+85) - DZDUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for DZDUSD
The long-term trend has been UP since Aug 4th, 2022 at 0.00691041
The intermediate-term trend has been UP since Mar 6th, 2023 at 0.00733897
The short-term trend has been DOWN since Mar 24th, 2023 at 0.00735840
Smart Scan Analysis for DZDUSD
Based on our trend formula, DZDUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00738154 | 0.00738165 | 0.00734422 | 0.00736206 | -0.00001900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00738154 | 2023-03-24 17:22:59 |