Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Iraqi Dinar (FOREX:EURIQD)
Countertrend Up (+85) - EURIQD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURIQD
The long-term trend has been UP since Jul 14th, 2024 at 1426.4
The intermediate-term trend has been UP since Jul 7th, 2024 at 1414.9
The short-term trend has been DOWN since Jul 21st, 2024 at 1427.8
Smart Scan Analysis for EURIQD
Based on our trend formula, EURIQD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1422.2 | 1422.2 | 1422.2 | 1422.2 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1422.2 | 2024-07-26 14:00:13 |