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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

British Pound/Nicaraguan Cordoba (FOREX:GBPNIO)

Strong Uptrend (+100) - GBPNIO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPNIO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_GBPNIO
Open High Low GBPNIO Price Change
45.334366 45.361428 45.082345 45.148180 -0.186186
Entry Signal

MarketClub’s Trade Triangles for GBPNIO

long term up The long-term trend has been UP since Dec 12th, 2022 at 45.037598

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 44.412788

short term up The short-term trend has been UP since Mar 28th, 2023 at 44.978950

Smart Scan Analysis for GBPNIO

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

+100
Smart Scan Analysis for GBPNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.334366 45.361428 45.082345 45.148180 -0.186186
Prev. Close Volume Bid Ask Time
45.334366 2023-03-31 18:06:28
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