Forex Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
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.
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 Mar 3rd, 2021 at 0.00749289
The short-term trend has been DOWN since Mar 3rd, 2021 at 0.00750574
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).