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Forex Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

Algerian Dinar/US Dollar (FOREX:DZDUSD)

Long-Term Downtrend (-90) - DZDUSD is in a strong downtrend that is likely to continue. While DZDUSD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.00713667 0.00714091 0.00713561 0.00713946 +0.00000300
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 Jan 7th, 2022 at 0.00717376

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 0.00715574

Smart Scan Analysis for DZDUSD

Based on our trend formula, DZDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for DZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00713667 0.00714091 0.00713561 0.00713946 +0.00000300
Prev. Close Volume Bid Ask Time
0.00713667 2022-01-21 16:51:37
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