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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

US Dollar/Algerian Dinar (FOREX:USDDZD)

Bull Market Weakness (+75) - USDDZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

FOREX_USDDZD
Open High Low USDDZD Price Change
137.35800 137.41900 137.10000 137.21674 -0.14126
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 Sep 17th, 2021 at 136.63000

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 136.95000

Smart Scan Analysis for USDDZD

Based on our trend formula, USDDZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.35800 137.41900 137.10000 137.21674 -0.14126
Prev. Close Volume Bid Ask Time
137.35800 2021-10-15 17:19:11
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