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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Algerian Dinar/US Dollar (FOREX:DZDUSD)

Bear Market Rally (-75) - DZDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on DZDUSD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ?

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.

FOREX_DZDUSD
Open High Low DZDUSD Price Change
0.00828370 0.00828831 0.00826657 0.00828154 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for DZDUSD

long term down The long-term trend has been DOWN since Feb 10th, 2020 at 0.00830422

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.00835047

short term up The short-term trend has been UP since Feb 17th, 2020 at 0.00828830

Smart Scan Analysis for DZDUSD

Based on our trend formula, DZDUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for DZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00828370 0.00828831 0.00826657 0.00828154 -0.00000200
Prev. Close Volume Bid Ask Time
0.00828370 0.00824990 0.00831319 2020-02-17 17:30:18
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