Free-market US Dollar (USD/IRR) Price Analysis: Session Closes Higher Amid Established Bullish Trend
The Free-market US Dollar (USD/IRR) finished the latest session on November 3, 2026, at an exchange rate of 2,725,000 IRR. Trading ranged between a session l...
Market Summary
The Free-market US Dollar (USD/IRR) finished the latest session on November 3, 2026, at an exchange rate of 2,725,000 IRR. Trading ranged between a session low of 2,705,000 IRR and a high of 2,745,000 IRR after opening at 2,715,100 IRR.
Interactive price chart
Market Analysis
Price action during the session recorded a higher high of 2,745,000 IRR, which also marks the immediate resistance level for the instrument. The session's close at 2,725,000 IRR reflects a single-day advance following a previous close of 2,715,000 IRR on November 2, 2026.
Historical session data shows a sustained upward trajectory over preceding weeks, tracking from October lows near the 2,577,100 IRR close recorded on October 13, 2026. The market structure positions the latest close above the 20-day, 50-day, and 200-day simple moving averages, maintaining an active bullish trend classification.
Technical Highlights
Momentum remains moderately positive, indicated by the 14-period Relative Strength Index (RSI) reading of 66.5, holding comfortably above neutral territory without entering overbought extremes.
Trend strength is further confirmed by the Average Directional Index (ADX) at 32.0, reflecting an established directional movement.
The moving average convergence divergence (MACD) line stands at 53,436.4, positioned below its signal line at 62,377.0, resulting in a negative MACD histogram value of -8,940.6.
Volatility measures place the price near the upper boundary of the Bollinger Bands, where the upper band is registered at 2,757,255 IRR and the middle band rests at 2,676,890 IRR.
The Parabolic SAR indicator registers a value of 2,644,809 IRR with a positive directional indicator, remaining beneath the current market price.
Conclusion
The Free-market US Dollar (USD/IRR) maintains a bullish market structure, supported by trading levels situated above key short- and long-term simple moving averages and a 14-period RSI of 66.5. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
Track the latest Free-market US Dollar (USD/IRR) session on Iran Market Data.