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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Iraqi Dinar (FOREX:USDIQD)
Countertrend Up (+85) - USDIQD 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 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.
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MarketClub’s Trade Triangles for USDIQD
The long-term trend has been UP since Oct 4th, 2024 at 1314.8135
The intermediate-term trend has been UP since Nov 20th, 2024 at 1310.5000
The short-term trend has been UP since Dec 17th, 2024 at 1310.0000
Smart Scan Analysis for USDIQD
Based on our trend formula, USDIQD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1311.5827 | 1311.5827 | 1311.5827 | 1311.5827 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1307.8807 | 2024-12-23 07:25:13 |