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Forex Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

Euro/Iraqi Dinar (FOREX:EURIQD)

Sidelines Mode (+50) - EURIQD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURIQD can gain momentum.

Is it time to buy, sell, or avoid EURIQD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURIQD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURIQD
Open High Low EURIQD Price Change
1556.65 1556.65 1556.65 1556.65 0.00
Entry Signal

MarketClub’s Trade Triangles for EURIQD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 1718.16

intermediate term up The intermediate-term trend has been UP since May 20th, 2022 at 1536.85

short term up The short-term trend has been UP since May 25th, 2022 at 1545.46

Smart Scan Analysis for EURIQD

Based on our trend formula, EURIQD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1556.65 1556.65 1556.65 1556.65 0.00
Prev. Close Volume Bid Ask Time
1556.65 2022-05-25 21:09:10
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