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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Nicaraguan Cordoba (FOREX:GBPNIO)
Weak Downtrend (-65) - GBPNIO is showing signs of a strengthening downtrend. Monitor GBPNIO as it may be building momentum to the downside.
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 UP since Sep 18th, 2024 at 48.850896
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 48.079392
The short-term trend has been DOWN since Nov 19th, 2024 at 46.312871
Smart Scan Analysis for GBPNIO
Based on our trend formula, GBPNIO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.520239 | 46.625665 | 46.498421 | 46.523356 | +0.003117 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.520239 | 2024-11-20 03:32:46 |