Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Algerian Dinar/Euro (FOREX:DZDEUR)
Strong Uptrend (+100) - DZDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DZDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DZDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DZDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DZDEUR
The long-term trend has been UP since Sep 14th, 2023 at 0.00685484
The intermediate-term trend has been UP since Aug 2nd, 2023 at 0.00673010
The short-term trend has been UP since Sep 25th, 2023 at 0.00686741
Smart Scan Analysis for DZDEUR
Based on our trend formula, DZDEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).