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Forex Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
Euro/Iraqi Dinar (FOREX:EURIQD)
Long-Term Downtrend (-90) - EURIQD is in a strong downtrend that is likely to continue. While EURIQD is showing intraday strength, it remains in the confines of a bearish trend. 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 Sep 22nd, 2023 at 1400.8
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 1440.1
The short-term trend has been DOWN since Sep 10th, 2023 at 1414.8
Smart Scan Analysis for EURIQD
Based on our trend formula, EURIQD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1389.4 | 1389.4 | 1389.4 | 1389.4 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1389.4 | 2023-09-30 15:44:16 |