Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

US Dollar/Algerian Dinar (FOREX:USDDZD)

Countertrend Up (+85) - USDDZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
133.45000 133.66134 133.11026 133.45548 +0.00548
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 Mar 8th, 2021 at 133.60805

short term down The short-term trend has been DOWN since Mar 8th, 2021 at 133.11480

Smart Scan Analysis for USDDZD

Based on our trend formula, USDDZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
133.45000 133.66134 133.11026 133.45548 +0.00548
Prev. Close Volume Bid Ask Time
133.45000 2021-03-08 19:32:35
Get a free daily analysis and signals for US Dollar/Algerian Dinar (USDDZD) - Request Your Free Report.