Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

British Pound/Nicaraguan Cordoba (FOREX:GBPNIO)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPNIO
Open High Low GBPNIO Price Change
43.5255 43.5950 43.3955 43.5535 +0.0280
Entry Signal

MarketClub’s Trade Triangles for GBPNIO

long term up The long term trend has been UP since Apr 18th, 2017 at 37.5065

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2018 at 43.6080

short term down The short term trend has been DOWN since Apr 18th, 2018 at 44.3730

Smart Scan Analysis for GBPNIO

Based on a pre-defined weighted trend formula for chart analysis, GBPNIO scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.5255 43.5950 43.3955 43.5535 +0.0280
Prev. Close Volume Bid Ask Time
43.5255 43.5490 43.5580 2018-04-25 20:13:18
Want to analyze British Pound/Nicaraguan Cordoba GBPNIO or another symbol? Try our Free Forex Trend Analysis Report.