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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

British Pound/Nicaraguan Cordoba (FOREX:GBPNIO)

Sidelines Mode (+55) - GBPNIO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_GBPNIO
Open High Low GBPNIO Price Change
46.068628 46.099121 46.004337 46.043646 -0.024982
Entry Signal

MarketClub’s Trade Triangles for GBPNIO

long term up The long-term trend has been UP since Sep 18th, 2024 at 48.850896

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 45.963019

short term up The short-term trend has been UP since Dec 25th, 2024 at 46.244730

Smart Scan Analysis for GBPNIO

Based on our trend formula, GBPNIO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.068628 46.099121 46.004337 46.043646 -0.024982
Prev. Close Volume Bid Ask Time
46.068628 2024-12-26 06:01:10
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