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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

Euro/Algerian Dinar (FOREX:EURDZD)

Countertrend Down (-85) - EURDZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid EURDZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURDZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURDZD
Open High Low EURDZD Price Change
143.3573 143.3573 143.3573 143.3573 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURDZD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 143.9310

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 145.4316

short term up The short-term trend has been UP since Apr 18th, 2024 at 143.8910

Smart Scan Analysis for EURDZD

Based on our trend formula, EURDZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
143.3573 143.3573 143.3573 143.3573 0.0000
Prev. Close Volume Bid Ask Time
143.3573 2024-04-21 15:40:05
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