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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Iranian Rial (FOREX:USDIRR)
Weak Uptrend (+65) - USDIRR is showing signs of weakening momentum to the upside. Monitor USDIRR as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDIRR
The long-term trend has been UP since May 30th, 2024 at 42075.0
The intermediate-term trend has been UP since Mar 1st, 2024 at 42037.5
The short-term trend has been DOWN since Jun 6th, 2024 at 42100.0
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42092.5 | 42092.5 | 42092.5 | 42092.5 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42105.0 | 2024-07-19 15:54:51 |