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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Euro/Nicaraguan Cordoba (FOREX:EURNIO)
Strong Downtrend (-100) - EURNIO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURNIO continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURNIO
The long-term trend has been DOWN since Oct 24th, 2024 at 39.76
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 40.67
The short-term trend has been DOWN since Oct 4th, 2024 at 40.90
Smart Scan Analysis for EURNIO
Based on our trend formula, EURNIO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.87 | 38.87 | 38.87 | 38.87 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.84 | 2024-11-19 21:06:22 |