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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Iraqi Dinar (FOREX:EURIQD)
Long-Term Downtrend (-90) - EURIQD is in a strong downtrend that is likely to continue. While EURIQD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURIQD
The long-term trend has been DOWN since Nov 11th, 2024 at 1417.8
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 1374.0
The short-term trend has been DOWN since Dec 23rd, 2024 at 1374.0
Smart Scan Analysis for EURIQD
Based on our trend formula, EURIQD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1362.4 | 1362.4 | 1362.4 | 1362.4 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1361.7 | 2024-12-23 07:25:13 |