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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Euro/Iraqi Dinar (FOREX:EURIQD)

Long-Term Downtrend (-90) - EURIQD is in a strong downtrend that is likely to continue. While EURIQD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1399.2 1399.2 1399.2 1399.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURIQD

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 1402.7

intermediate term down The intermediate-term trend has been DOWN since Jun 11th, 2024 at 1417.1

short term down The short-term trend has been DOWN since Jun 11th, 2024 at 1423.5

Smart Scan Analysis for EURIQD

Based on our trend formula, EURIQD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1399.2 1399.2 1399.2 1399.2 0.0
Prev. Close Volume Bid Ask Time
1404.7 2024-06-22 16:44:14
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