Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Euro/Iraqi Dinar (FOREX:EURIQD)
Strong Uptrend (+100) - EURIQD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURIQD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 29th, 2020 at 1356.82
The intermediate-term trend has been UP since Feb 22nd, 2021 at 1770.51
The short-term trend has been UP since Feb 22nd, 2021 at 1766.35
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).