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Forex Trend Analysis Report

Prepared for you on Wednesday, April 14, 2021.

Euro/Algerian Dinar (FOREX:EURDZD)

Bull Market Weakness (+75) - EURDZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURDZD as it may be in the beginning stages of a reversal.

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.

FOREX_EURDZD
Open High Low EURDZD Price Change
158.170 158.586 158.170 158.586 +0.416
Entry Signal

MarketClub’s Trade Triangles for EURDZD

long term up The long-term trend has been UP since Mar 6th, 2020 at 134.083

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2021 at 159.858

short term up The short-term trend has been UP since Apr 13th, 2021 at 158.001

Smart Scan Analysis for EURDZD

Based on our trend formula, EURDZD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for EURDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.170 158.586 158.170 158.586 +0.416
Prev. Close Volume Bid Ask Time
158.170 2021-04-14 13:09:23
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