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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

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
159.566 159.593 158.608 158.654 -0.912
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 down The intermediate-term trend has been DOWN since Mar 1st, 2021 at 159.858

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 160.935

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
159.566 159.593 158.608 158.654 -0.912
Prev. Close Volume Bid Ask Time
159.566 2021-03-05 17:04:13
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