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Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
US Dollar/Algerian Dinar (FOREX:USDDZD)
Strong Downtrend (-100) - USDDZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDDZD continues to fall. Traders should use caution and set stops.
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 DOWN since Aug 4th, 2022 at 144.71086
The intermediate-term trend has been DOWN since Mar 6th, 2023 at 136.25000
The short-term trend has been DOWN since Mar 30th, 2023 at 135.55132
Smart Scan Analysis for USDDZD
Based on our trend formula, USDDZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 135.67413 | 135.74100 | 135.50000 | 135.57078 | -0.10335 |
| Prev. Close | Volume | Bid | Ask | Time |
| 135.67413 | 2023-03-30 14:57:36 |