Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Iraqi Dinar/US Dollar (FOREX:IQDUSD)
Bull Market Weakness (+75) - IQDUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IQDUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IQDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for IQDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IQDUSD
The long-term trend has been UP since Apr 22nd, 2022 at 0.00068574
The intermediate-term trend has been UP since May 25th, 2022 at 0.00068538
The short-term trend has been UP since Jun 26th, 2022 at 0.00068542
Smart Scan Analysis for IQDUSD
Based on our trend formula, IQDUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).