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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Algerian Dinar (FOREX:USDDZD)
Sidelines Mode (+55) - USDDZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for USDDZD
The long-term trend has been UP since Mar 19th, 2024 at 135.51705
The intermediate-term trend has been UP since Jul 24th, 2024 at 134.80216
The short-term trend has been DOWN since Jul 25th, 2024 at 134.43627
Smart Scan Analysis for USDDZD
Based on our trend formula, USDDZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 134.42833 | 134.61117 | 134.32466 | 134.32466 | -0.10367 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.42833 | 2024-07-26 14:00:13 |