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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
US Dollar/Algerian Dinar (FOREX:USDDZD)
Weak Uptrend (+65) - USDDZD is showing signs of weakening momentum to the upside. Monitor USDDZD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDDZD
The long-term trend has been UP since Mar 19th, 2024 at 135.51705
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 133.94961
The short-term trend has been UP since Apr 15th, 2024 at 134.87545
Smart Scan Analysis for USDDZD
Based on our trend formula, USDDZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 134.81407 | 134.86200 | 134.63000 | 134.80037 | -0.01370 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.81407 | 2024-04-16 13:05:40 |