Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
US Dollar/Algerian Dinar (FOREX:USDDZD)
Countertrend Down (-85) - USDDZD 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 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.
MarketClub’s Trade Triangles for USDDZD
The long-term trend has been DOWN since Aug 4th, 2022 at 144.71086
The intermediate-term trend has been DOWN since Mar 6th, 2023 at 136.25000
The short-term trend has been UP since Mar 24th, 2023 at 135.90066
Smart Scan Analysis for USDDZD
Based on our trend formula, USDDZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).