Forex Trend Analysis Report
Prepared for you on Sunday, January 16, 2022.
US Dollar/Algerian Dinar (FOREX:USDDZD)
Strong Uptrend (+100) - USDDZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDDZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Feb 10th, 2020 at 120.44279
The intermediate-term trend has been UP since Nov 4th, 2021 at 137.74800
The short-term trend has been UP since Jan 14th, 2022 at 139.74927
Smart Scan Analysis for USDDZD
Based on our trend formula, USDDZD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).