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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for USDIQD
The long-term trend has been DOWN since Jul 3rd, 2024 at 1301.8417
The intermediate-term trend has been UP since Jul 18th, 2024 at 1311.4004
The short-term trend has been UP since Jul 24th, 2024 at 1309.8038
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1309.8719 | 1309.8719 | 1309.5161 | 1309.5161 | -0.3558 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1309.8719 | 2024-07-26 14:00:13 |