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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Euro/Namibian Dollar (FOREX:EURNAD)

Weak Downtrend (-65) - EURNAD is showing signs of a strengthening downtrend. Monitor EURNAD as it may be building momentum to the downside.

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.

FOREX_EURNAD
Open High Low EURNAD Price Change
20.8589 20.8589 20.8589 20.8589 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURNAD

long term up The long-term trend has been UP since Jan 5th, 2025 at 19.2659

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2025 at 21.0342

short term down The short-term trend has been DOWN since Apr 28th, 2025 at 21.4305

Smart Scan Analysis for EURNAD

Based on our trend formula, EURNAD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURNAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.8589 20.8589 20.8589 20.8589 0.0000
Prev. Close Volume Bid Ask Time
20.7760 2025-05-03 16:46:29
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