Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Euro/Namibian Dollar (FOREX:EURNAD)
Crossroads (-60) - EURNAD 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 EURNAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURNAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURNAD
The long-term trend has been DOWN since Apr 2nd, 2024 at 20.2607
The intermediate-term trend has been UP since Apr 21st, 2024 at 20.3315
The short-term trend has been UP since Apr 18th, 2024 at 20.2523
Smart Scan Analysis for EURNAD
Based on our trend formula, EURNAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.4582 | 20.4582 | 20.4582 | 20.4582 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.3328 | 2024-04-21 15:40:05 |