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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
US Dollar/Algerian Dinar (FOREX:USDDZD)
Sidelines Mode (+55) - USDDZD 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 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 Dec 18th, 2024 at 134.3183
The intermediate-term trend has been UP since Nov 6th, 2024 at 133.8950
The short-term trend has been DOWN since Jan 14th, 2025 at 135.6840
Smart Scan Analysis for USDDZD
Based on our trend formula, USDDZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 135.6072 | 135.6072 | 135.6072 | 135.6072 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 135.5535 | 2025-01-18 02:34:59 |