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Forex Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

US Dollar/Iranian Rial (FOREX:USDIRR)

Crossroads (-60) - USDIRR 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 USDIRR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDIRR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDIRR
Open High Low USDIRR Price Change
42262.5 42262.5 42262.5 42262.5 0.0
Entry Signal

MarketClub’s Trade Triangles for USDIRR

long term down The long-term trend has been DOWN since Oct 28th, 2021 at 42105.0

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2021 at 42262.5

short term up The short-term trend has been UP since Nov 12th, 2021 at 42250.0

Smart Scan Analysis for USDIRR

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

-60
Smart Scan Analysis for USDIRR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42262.5 42262.5 42262.5 42262.5 0.0
Prev. Close Volume Bid Ask Time
42262.5 2021-11-24 12:29:24
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