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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Nicaraguan Cordoba/British Pound (FOREX:NIOGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_NIOGBP
Open High Low NIOGBP Price Change
0.024065 0.024390 0.024050 0.024270 +0.000205
Entry Signal

MarketClub’s Trade Triangles for NIOGBP

long term down The long term trend has been DOWN since Apr 18th, 2017 at 0.026665

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2017 at 0.024415

short term up The short term trend has been UP since Dec 15th, 2017 at 0.024380

Smart Scan Analysis for NIOGBP

Based on a pre-defined weighted trend formula for chart analysis, NIOGBP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for NIOGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.024065 0.024390 0.024050 0.024270 +0.000205
Prev. Close Volume Bid Ask Time
0.024065 0.024270 0.024270 2017-12-15 22:24:13
Want to analyze Nicaraguan Cordoba/British Pound NIOGBP or another symbol? Try our Free Forex Trend Analysis Report.