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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

US Dollar/Iranian Rial (FOREX:USDIRR)

Weak Downtrend (-65) - USDIRR is showing signs of a strengthening downtrend. Monitor USDIRR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid USDIRR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDIRR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDIRR
Open High Low USDIRR Price Change
42105 42105 42105 42105 0
Entry Signal

MarketClub’s Trade Triangles for USDIRR

long term down The long-term trend has been DOWN since Aug 26th, 2024 at 42062.5

intermediate term up The intermediate-term trend has been UP since Oct 24th, 2024 at 42090.0

short term down The short-term trend has been DOWN since Oct 15th, 2024 at 42092.5

Smart Scan Analysis for USDIRR

Based on our trend formula, USDIRR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for USDIRR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42105 42105 42105 42105 0
Prev. Close Volume Bid Ask Time
42105 2024-11-19 15:49:32
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