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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Namibian Dollar (FOREX:EURNAD)
Sidelines Mode (-55) - EURNAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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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 Jul 17th, 2024 at 19.8532
The short-term trend has been DOWN since Jul 26th, 2024 at 19.8508
Smart Scan Analysis for EURNAD
Based on our trend formula, EURNAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.8185 | 19.8185 | 19.8185 | 19.8185 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.8185 | 2024-07-26 14:00:14 |