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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

US Dollar/Algerian Dinar (FOREX:USDDZD)

Crossroads (-60) - USDDZD 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 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.

FOREX_USDDZD
Open High Low USDDZD Price Change
132.54605 132.75430 132.54153 132.70000 +0.15395
Entry Signal

MarketClub’s Trade Triangles for USDDZD

long term up The long-term trend has been UP since Feb 10th, 2020 at 120.44279

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2021 at 132.55680

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 132.75000

Smart Scan Analysis for USDDZD

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

-60
Smart Scan Analysis for USDDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.54605 132.75430 132.54153 132.70000 +0.15395
Prev. Close Volume Bid Ask Time
132.54605 2021-02-25 17:44:17
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