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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Iraqi Dinar/US Dollar (FOREX:IQDUSD)

Crossroads (-60) - IQDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IQDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for IQDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_IQDUSD
Open High Low IQDUSD Price Change
0.00076479 0.00076479 0.00076479 0.00076479 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDUSD

long term down The long-term trend has been DOWN since Aug 9th, 2023 at 0.00076021

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2023 at 0.00076370

short term up The short-term trend has been UP since Nov 19th, 2023 at 0.00076646

Smart Scan Analysis for IQDUSD

Based on our trend formula, IQDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for IQDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00076479 0.00076479 0.00076479 0.00076479 0.00000000
Prev. Close Volume Bid Ask Time
0.00076479 2023-11-28 07:28:26
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