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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Euro/Nicaraguan Cordoba (FOREX:EURNIO)

Bear Market Rally (-75) - EURNIO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURNIO as it may be in the beginning of a reversal.

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
37.835 37.835 37.835 37.835 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNIO

long term down The long-term trend has been DOWN since Aug 19th, 2021 at 41.129

intermediate term down The intermediate-term trend has been DOWN since Jun 15th, 2022 at 38.355

short term up The short-term trend has been UP since Jun 21st, 2022 at 37.762

Smart Scan Analysis for EURNIO

Based on our trend formula, EURNIO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.835 37.835 37.835 37.835 0.000
Prev. Close Volume Bid Ask Time
37.835 2022-06-21 07:16:20
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