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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Iraqi Dinar/US Dollar (FOREX:IQDUSD)

Sidelines Mode (+55) - IQDUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.00068518 0.00068518 0.00068518 0.00068518 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDUSD

long term up The long-term trend has been UP since Jun 2nd, 2021 at 0.00068775

intermediate term up The intermediate-term trend has been UP since Sep 13th, 2021 at 0.00068685

short term down The short-term trend has been DOWN since Oct 7th, 2021 at 0.00068505

Smart Scan Analysis for IQDUSD

Based on our trend formula, IQDUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IQDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00068518 0.00068518 0.00068518 0.00068518 0.00000000
Prev. Close Volume Bid Ask Time
0.00068518 2021-10-18 07:17:18
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