Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Iraqi Dinar/US Dollar (FOREX:IQDUSD)
Strong Downtrend (-100) - IQDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for IQDUSD
The long-term trend has been DOWN since Dec 23rd, 2020 at 0.00083387
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 0.00068468
The short-term trend has been DOWN since Mar 1st, 2021 at 0.00068572
Smart Scan Analysis for IQDUSD
Based on our trend formula, IQDUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).