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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Nicaraguan Cordoba (FOREX:GBPNIO)
Crossroads (+60) - GBPNIO 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 GBPNIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNIO.
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 GBPNIO
The long-term trend has been DOWN since Jan 2nd, 2025 at 45.873087
The intermediate-term trend has been UP since Feb 5th, 2025 at 46.169480
The short-term trend has been UP since Feb 13th, 2025 at 46.024768
Smart Scan Analysis for GBPNIO
Based on our trend formula, GBPNIO is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.388093 | 46.639040 | 46.284072 | 46.422600 | +0.034507 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.417088 | 2025-02-21 17:03:44 |