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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Iraqi Dinar (FOREX:EURIQD)
Strong Downtrend (-100) - EURIQD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURIQD continues to fall. 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.
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MarketClub’s Trade Triangles for EURIQD
The long-term trend has been DOWN since Nov 11th, 2024 at 1417.8
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 1452.9
The short-term trend has been DOWN since Oct 4th, 2024 at 1452.9
Smart Scan Analysis for EURIQD
Based on our trend formula, EURIQD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1381.1 | 1381.1 | 1381.1 | 1381.1 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1381.1 | 2024-11-18 21:06:10 |