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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Nicaraguan Cordoba (FOREX:EURNIO)
Sidelines Mode (+50) - EURNIO is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURNIO can gain momentum.
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 UP since Feb 18th, 2025 at 38.28
The short-term trend has been UP since Feb 18th, 2025 at 38.18
Smart Scan Analysis for EURNIO
Based on our trend formula, EURNIO is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.36 | 38.36 | 38.36 | 38.36 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.53 | 2025-02-19 21:00:25 |