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Forex Trend Analysis Report
Prepared for you on Friday, November 15, 2024.
US Dollar/Algerian Dinar (FOREX:USDDZD)
Bear Market Rally (-75) - USDDZD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDDZD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDDZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDDZD.
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 USDDZD
The long-term trend has been DOWN since Aug 2nd, 2024 at 133.71723
The intermediate-term trend has been UP since Nov 6th, 2024 at 133.89500
The short-term trend has been DOWN since Nov 15th, 2024 at 133.42861
Smart Scan Analysis for USDDZD
Based on our trend formula, USDDZD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 133.59733 | 133.61500 | 133.34977 | 133.34977 | -0.24756 |
| Prev. Close | Volume | Bid | Ask | Time |
| 133.59733 | 2024-11-15 13:55:10 |