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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Algerian Dinar/US Dollar (FOREX:DZDUSD)

Strong Downtrend (-100) - DZDUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_DZDUSD
Open High Low DZDUSD Price Change
0.00788949 0.00789197 0.00788158 0.00788365 -0.00000600
Entry Signal

MarketClub’s Trade Triangles for DZDUSD

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 0.00825279

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2020 at 0.00827357

short term down The short-term trend has been DOWN since Mar 30th, 2020 at 0.00806782

Smart Scan Analysis for DZDUSD

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

-100
Smart Scan Analysis for DZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00788949 0.00789197 0.00788158 0.00788365 -0.00000600
Prev. Close Volume Bid Ask Time
0.00788949 0.00785508 0.00791222 2020-04-09 06:42:25
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