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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Euro/Iraqi Dinar (FOREX:EURIQD)
Bear Market Rally (-75) - EURIQD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURIQD as it may be in the beginning of a reversal.
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 Apr 17th, 2024 at 1402.7
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 1417.3
The short-term trend has been UP since Apr 24th, 2024 at 1398.5
Smart Scan Analysis for EURIQD
Based on our trend formula, EURIQD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1400.2 | 1400.2 | 1400.2 | 1400.2 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1400.2 | 2024-04-24 21:01:03 |