Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Iraqi Dinar/US Dollar (FOREX:IQDUSD)

Countertrend Down (-85) - IQDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_IQDUSD
Open High Low IQDUSD Price Change
0.00076289 0.00076289 0.00076289 0.00076289 0.00000000
Entry Signal

MarketClub’s Trade Triangles for IQDUSD

long term down The long-term trend has been DOWN since Oct 4th, 2024 at 0.00076090

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2024 at 0.00076359

short term up The short-term trend has been UP since Dec 2nd, 2024 at 0.00076368

Smart Scan Analysis for IQDUSD

Based on our trend formula, IQDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IQDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00076289 0.00076289 0.00076289 0.00076289 0.00000000
Prev. Close Volume Bid Ask Time
0.00076289 2024-12-07 04:22:56
Get a free daily analysis and signals for Iraqi Dinar/US Dollar (IQDUSD) - Request Your Free Report.