Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Namibian Dollar/US Dollar (FOREX:NADUSD)
Crossroads (-60) - NADUSD 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 NADUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NADUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NADUSD
The long-term trend has been DOWN since Dec 28th, 2023 at 0.05419736
The intermediate-term trend has been UP since Mar 7th, 2024 at 0.05296570
The short-term trend has been UP since Apr 2nd, 2024 at 0.05303675
Smart Scan Analysis for NADUSD
Based on our trend formula, NADUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05331037 | 0.05331037 | 0.05331037 | 0.05331037 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05319823 | 2024-04-13 18:02:06 |