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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

US Dollar/Algerian Dinar (FOREX:USDDZD)

Long-Term Uptrend (+90) - USDDZD is in a strong uptrend that is likely to continue. While USDDZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_USDDZD
Open High Low USDDZD Price Change
128.78550 128.78550 128.74110 128.74110 -0.04440
Entry Signal

MarketClub’s Trade Triangles for USDDZD

long term up The long-term trend has been UP since Feb 10th, 2020 at 120.44279

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2020 at 121.10000

short term up The short-term trend has been UP since May 22nd, 2020 at 128.75000

Smart Scan Analysis for USDDZD

Based on our trend formula, USDDZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.78550 128.78550 128.74110 128.74110 -0.04440
Prev. Close Volume Bid Ask Time
128.78550 128.28147 129.20072 2020-05-25 03:44:47
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