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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Nicaraguan Cordoba/British Pound (FOREX:NIOGBP)
Countertrend Up (+85) - NIOGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NIOGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIOGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NIOGBP
The long-term trend has been UP since Apr 1st, 2024 at 0.02178538
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.02152753
The short-term trend has been UP since May 7th, 2024 at 0.02171657
Smart Scan Analysis for NIOGBP
Based on our trend formula, NIOGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02172458 | 0.02173841 | 0.02171928 | 0.02173145 | +0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02172458 | 2024-05-09 01:27:54 |