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.
MarketClub’s Trade Triangles for NADEUR
The long-term trend has been UP since Nov 2nd, 2020 at 0.05242484
The intermediate-term trend has been UP since Feb 3rd, 2021 at 0.05566021
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).