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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.

FOREX_DZDUSD
Open High Low DZDUSD Price Change
0.00741719 0.00741769 0.00738627 0.00740728 -0.00001000
Entry Signal

MarketClub’s Trade Triangles for DZDUSD

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 0.00744509

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.00746877

short term down 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).

-90
Smart Scan Analysis for DZDUSD
Strong Downtrend Sideways 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
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