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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Euro/Algerian Dinar (FOREX:EURDZD)

Strong Uptrend (+100) - EURDZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURDZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
142.849 142.921 142.836 142.867 +0.018
Entry Signal

MarketClub’s Trade Triangles for EURDZD

long term up The long-term trend has been UP since Mar 6th, 2020 at 134.083

intermediate term up The intermediate-term trend has been UP since Mar 2nd, 2020 at 132.400

short term up The short-term trend has been UP since May 26th, 2020 at 141.053

Smart Scan Analysis for EURDZD

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

+100
Smart Scan Analysis for EURDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
142.849 142.921 142.836 142.867 +0.018
Prev. Close Volume Bid Ask Time
142.849 142.367 143.367 2020-06-02 03:00:53
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