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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Namibian Dollar/Euro (FOREX:NADEUR)

Crossroads (-60) - NADEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.04888633 0.04888633 0.04888633 0.04888633 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NADEUR

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.04936300

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2024 at 0.04919106

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 0.04938348

Smart Scan Analysis for NADEUR

Based on our trend formula, NADEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04888633 0.04888633 0.04888633 0.04888633 0.00000000
Prev. Close Volume Bid Ask Time
0.04918791 2024-04-21 15:40:05
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