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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

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
1448.0094 1448.0094 1448.0094 1448.0094 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDIQD

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 1187.1063

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 1462.5000

short term up The short-term trend has been UP since Apr 18th, 2021 at 1462.5000

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
1448.0094 1448.0094 1448.0094 1448.0094 0.0000
Prev. Close Volume Bid Ask Time
1448.0094 2021-05-08 11:31:00
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