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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.
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MarketClub’s Trade Triangles for DZDUSD
The long-term trend has been DOWN since Mar 17th, 2020 at 0.00825279
The intermediate-term trend has been DOWN since Jan 7th, 2022 at 0.00717376
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).
| 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 |