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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Euro/Nicaraguan Cordoba (FOREX:EURNIO)

Countertrend Up (+85) - EURNIO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
42.449 42.449 42.449 42.449 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNIO

long term up The long-term trend has been UP since Jun 24th, 2020 at 38.542

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2021 at 42.314

short term up The short-term trend has been UP since Feb 23rd, 2021 at 42.314

Smart Scan Analysis for EURNIO

Based on our trend formula, EURNIO is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.449 42.449 42.449 42.449 0.000
Prev. Close Volume Bid Ask Time
42.449 2021-02-24 07:23:18
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