Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
US Dollar/Iraqi Dinar (FOREX:USDIQD)
Strong Downtrend (-100) - USDIQD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDIQD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDIQD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDIQD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDIQD
The long-term trend has been DOWN since Mar 18th, 2023 at 1456.2131
The intermediate-term trend has been DOWN since Mar 18th, 2023 at 1459.2613
The short-term trend has been DOWN since Mar 6th, 2023 at 1459.8937
Smart Scan Analysis for USDIQD
Based on our trend formula, USDIQD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).