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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Euro/Nicaraguan Cordoba (FOREX:EURNIO)

Weak Downtrend (-65) - EURNIO is showing signs of a strengthening downtrend. Monitor EURNIO as it may be building momentum to the downside.

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
38.88 38.88 38.88 38.88 0.00
Entry Signal

MarketClub’s Trade Triangles for EURNIO

long term up The long-term trend has been UP since Nov 11th, 2022 at 36.773

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 39.544

short term down The short-term trend has been DOWN since Mar 9th, 2023 at 38.766

Smart Scan Analysis for EURNIO

Based on our trend formula, EURNIO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.88 38.88 38.88 38.88 0.00
Prev. Close Volume Bid Ask Time
38.88 2023-03-17 13:33:49
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