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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.
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MarketClub’s Trade Triangles for IQDUSD
The long-term trend has been DOWN since Oct 4th, 2024 at 0.00076090
The intermediate-term trend has been DOWN since Nov 20th, 2024 at 0.00076359
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).
| 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 |