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Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Namibian Dollar/Euro (FOREX:NADEUR)

Weak Uptrend (+65) - NADEUR is showing signs of weakening momentum to the upside. Monitor NADEUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NADEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for NADEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NADEUR
Open High Low NADEUR Price Change
0.05652045 0.05652045 0.05652045 0.05652045 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NADEUR

long term up The long-term trend has been UP since Nov 2nd, 2020 at 0.05242484

intermediate term up The intermediate-term trend has been UP since Feb 3rd, 2021 at 0.05566021

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 0.05610686

Smart Scan Analysis for NADEUR

Based on our trend formula, NADEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05652045 0.05652045 0.05652045 0.05652045 0.00000000
Prev. Close Volume Bid Ask Time
0.05652045 2021-02-24 07:23:17
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