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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

US Dollar/Iraqi Dinar (FOREX:USDIQD)

Crossroads (-60) - USDIQD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDIQD
Open High Low USDIQD Price Change
1310.5 1310.5 1310.5 1310.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDIQD

long term up The long-term trend has been UP since Oct 4th, 2024 at 1314.8135

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 1309.5000

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 1309.5000

Smart Scan Analysis for USDIQD

Based on our trend formula, USDIQD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1310.5 1310.5 1310.5 1310.5 0.0
Prev. Close Volume Bid Ask Time
1310.5 2024-11-19 16:08:17
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