Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Algerian Dinar (FOREX:EURDZD)
Crossroads (-60) - EURDZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURDZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURDZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURDZD
The long-term trend has been UP since Mar 4th, 2025 at 142.2000
The intermediate-term trend has been DOWN since May 8th, 2025 at 149.4082
The short-term trend has been DOWN since May 7th, 2025 at 149.6540
Smart Scan Analysis for EURDZD
Based on our trend formula, EURDZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 150.348 | 150.348 | 148.852 | 148.852 | -1.496 |
| Prev. Close | Volume | Bid | Ask | Time |
| 150.348 | 2025-05-08 20:49:31 |