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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Iraqi Dinar/US Dollar (FOREX:IQDUSD)

Crossroads (+60) - IQDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00076555 0.00076555 0.00076414 0.00076414 -0.00000100
Entry Signal

MarketClub’s Trade Triangles for IQDUSD

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 0.00076134

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2024 at 0.00076495

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.00076483

Smart Scan Analysis for IQDUSD

Based on our trend formula, IQDUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for IQDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00076555 0.00076555 0.00076414 0.00076414 -0.00000100
Prev. Close Volume Bid Ask Time
0.00076361 2024-06-16 21:00:24
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