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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.
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MarketClub’s Trade Triangles for EURNIO
The long-term trend has been DOWN since Mar 19th, 2020 at 36.423
The intermediate-term trend has been UP since Apr 28th, 2020 at 36.676
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).
| 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 |