Free-market US Dollar (USD/IRR) Reaches New 30-Day High Amid Strong Upward Trend
On September 5, 2026, the Free-market US Dollar (USD/IRR) closed at 2,272,050 IRR, marking a gain from its opening price of 2,233,050 IRR. The session saw th...
Market Summary
On September 5, 2026, the Free-market US Dollar (USD/IRR) closed at 2,272,050 IRR, marking a gain from its opening price of 2,233,050 IRR. The session saw the rate trade within a range of 2,232,600 IRR to 2,272,200 IRR, with the closing price near the session's high.
Interactive price chart
Market Analysis
The Free-market US Dollar (USD/IRR) has demonstrated a sustained upward trajectory, recording its seventh consecutive day of gains. The latest session's close of 2,272,050 IRR represents a new highest close over the past 30 days. This price action places the USD/IRR rate above its 20-day, 50-day, and 200-day Simple Moving Averages, reinforcing the prevailing bullish trend.
The instrument's high for the day, 2,272,200 IRR, is notably close to its 52-week high, with a distance of only 0.66%. The trading session on September 5 exhibited a wide range between its low of 2,232,600 IRR and its high of 2,272,200 IRR. Over the last 30 days, the volatility has been observed at approximately 1.34%. Key levels for the USD/IRR are identified with support at 1,846,800 IRR and resistance at 2,272,200 IRR.
Technical Highlights
Technical indicators largely support the current upward momentum and trend strength. The 14-period Relative Strength Index (RSI) stands at 88.49, indicating strong upward momentum. The Moving Average Convergence Divergence (MACD) shows a positive MACD value of 85,960, with the MACD line above its signal line and a positive histogram, further confirming bullish momentum.
The Average Directional Index (ADX) is at 43.25, suggesting a strong trend is in place. This is supported by the Plus Directional Indicator (+DI) at 62.80, significantly above the Minus Directional Indicator (-DI) at 6.99, indicating the strength of the bullish direction. The price is trading above the upper Bollinger Band, which is at 2,251,191 IRR, suggesting strong upward pressure. Additionally, the Supertrend indicator provides a bullish signal, with the price trading above its current line of 2,137,466 IRR.
Conclusion
The Free-market US Dollar (USD/IRR) is currently in a strong bullish trend, marked by consecutive daily gains and a new 30-day closing high. Technical indicators reflect significant upward momentum and trend strength. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
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