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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 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.

FOREX_EURIQD
Open High Low EURIQD Price Change
1378.5 1378.5 1378.5 1378.5 0.0
Entry Signal

MarketClub’s Trade Triangles for EURIQD

long term down The long-term trend has been DOWN since Nov 11th, 2024 at 1417.8

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 1452.9

short term down 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).

-100
Smart Scan Analysis for EURIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1378.5 1378.5 1378.5 1378.5 0.0
Prev. Close Volume Bid Ask Time
1376.2 2024-12-02 21:06:05
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