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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.

FOREX_USDDZD
Open High Low USDDZD Price Change
135.67413 135.74100 135.50000 135.57078 -0.10335
Entry Signal

MarketClub’s Trade Triangles for USDDZD

long term down The long-term trend has been DOWN since Aug 4th, 2022 at 144.71086

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2023 at 136.25000

short term down 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).

-100
Smart Scan Analysis for USDDZD
Strong Downtrend Sideways 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
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