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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.
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MarketClub’s Trade Triangles for DZDEUR
The long-term trend has been UP since Oct 22nd, 2024 at 0.00692889
The intermediate-term trend has been UP since Oct 4th, 2024 at 0.00685174
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).
| 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 |