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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Algerian Dinar/US Dollar (FOREX:DZDUSD)

Crossroads (-60) - DZDUSD 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 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
0.00741337 0.00742903 0.00741179 0.00742101 +0.00000800
Entry Signal

MarketClub’s Trade Triangles for DZDUSD

long term up The long-term trend has been UP since Nov 6th, 2023 at 0.00741116

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.00741625

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.00741646

Smart Scan Analysis for DZDUSD

Based on our trend formula, DZDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for DZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00741337 0.00742903 0.00741179 0.00742101 +0.00000800
Prev. Close Volume Bid Ask Time
0.00741337 2024-03-28 13:52:26
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