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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Nicaraguan Cordoba/US Dollar (FOREX:NIOUSD)
Crossroads (-60) - NIOUSD 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 NIOUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIOUSD.
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 NIOUSD
The long-term trend has been DOWN since Feb 14th, 2024 at 0.02718715
The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.02724670
The short-term trend has been UP since May 2nd, 2024 at 0.02717540
Smart Scan Analysis for NIOUSD
Based on our trend formula, NIOUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02721295 | 0.02721295 | 0.02721295 | 0.02721295 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02715344 | 2024-05-06 01:56:07 |