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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Algerian Dinar/Euro (FOREX:DZDEUR)

Sidelines Mode (+55) - DZDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_DZDEUR
Open High Low DZDEUR Price Change
0.00712524 0.00713663 0.00710448 0.00711247 -0.00001300
Entry Signal

MarketClub’s Trade Triangles for DZDEUR

long term up The long-term trend has been UP since Oct 22nd, 2024 at 0.00692889

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 0.00685174

short term down The short-term trend has been DOWN since Dec 20th, 2024 at 0.00710383

Smart Scan Analysis for DZDEUR

Based on our trend formula, DZDEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00712524 0.00713663 0.00710448 0.00711247 -0.00001300
Prev. Close Volume Bid Ask Time
0.00712312 2024-12-24 17:13:34
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