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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Euro/Algerian Dinar (FOREX:EURDZD)

Weak Downtrend (-65) - EURDZD is showing signs of a strengthening downtrend. Monitor EURDZD as it may be building momentum to the downside.

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
149.599 149.634 149.520 149.520 -0.079
Entry Signal

MarketClub’s Trade Triangles for EURDZD

long term up The long-term trend has been UP since Mar 4th, 2025 at 142.2000

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2025 at 149.4082

short term down The short-term trend has been DOWN since May 7th, 2025 at 149.6540

Smart Scan Analysis for EURDZD

Based on our trend formula, EURDZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
149.599 149.634 149.520 149.520 -0.079
Prev. Close Volume Bid Ask Time
149.599 2025-05-09 07:13:39
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