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Forex Trend Analysis Report

Prepared for you on Thursday, November 26, 2020.

Euro/Algerian Dinar (FOREX:EURDZD)

Strong Uptrend (+100) - EURDZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURDZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
153.207 153.368 152.865 153.005 -0.202
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 up The intermediate-term trend has been UP since Nov 6th, 2020 at 152.742

short term up The short-term trend has been UP since Nov 24th, 2020 at 152.790

Smart Scan Analysis for EURDZD

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

+100
Smart Scan Analysis for EURDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
153.207 153.368 152.865 153.005 -0.202
Prev. Close Volume Bid Ask Time
153.207 2020-11-26 21:40:50
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