Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Iraqi Dinar/US Dollar (FOREX:IQDUSD)
Countertrend Up (+85) - IQDUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Sep 15th, 2022 at 0.00068667
The intermediate-term trend has been UP since Mar 18th, 2023 at 0.00068553
The short-term trend has been UP since Mar 18th, 2023 at 0.00068553
Smart Scan Analysis for IQDUSD
Based on our trend formula, IQDUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).