Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Euro/Nicaraguan Cordoba (FOREX:EURNIO)

Crossroads (-60) - EURNIO 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 EURNIO?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURNIO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURNIO
Open High Low EURNIO Price Change
37.058 37.058 37.058 37.058 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNIO

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 36.423

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2020 at 36.676

short term up The short-term trend has been UP since May 21st, 2020 at 36.551

Smart Scan Analysis for EURNIO

Based on our trend formula, EURNIO is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.058 37.058 37.058 37.058 0.000
Prev. Close Volume Bid Ask Time
36.782 36.558 37.558 2020-05-21 07:16:21
Get a free daily analysis and signals for Euro/Nicaraguan Cordoba (EURNIO) - Request Your Free Report.