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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Euro/Iraqi Dinar (FOREX:EURIQD)

Crossroads (-60) - EURIQD 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 EURIQD?

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

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

FOREX_EURIQD
Open High Low EURIQD Price Change
1311.42 1311.42 1311.42 1311.42 0.00
Entry Signal

MarketClub’s Trade Triangles for EURIQD

long term down The long-term trend has been DOWN since May 14th, 2020 at 1288.31

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 1299.15

short term up The short-term trend has been UP since May 19th, 2020 at 1292.96

Smart Scan Analysis for EURIQD

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

-60
Smart Scan Analysis for EURIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1311.42 1311.42 1311.42 1311.42 0.00
Prev. Close Volume Bid Ask Time
1301.64 1281.42 1341.42 2020-05-21 21:08:19
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