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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.

FOREX_USDIQD
Open High Low USDIQD Price Change
1439.0798 1439.0798 1439.0798 1439.0798 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDIQD

long term down The long-term trend has been DOWN since Mar 18th, 2023 at 1456.2131

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2023 at 1459.2613

short term down 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).

-100
Smart Scan Analysis for USDIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1439.0798 1439.0798 1439.0798 1439.0798 0.0000
Prev. Close Volume Bid Ask Time
1439.0798 2023-03-18 03:55:51
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