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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Namibian Dollar/Euro (FOREX:NADEUR)

Weak Downtrend (-65) - NADEUR is showing signs of a strengthening downtrend. Monitor NADEUR as it may be building momentum to the downside.

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
0.05218461 0.05218461 0.05218461 0.05218461 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 Dec 23rd, 2024 at 0.05228530

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 0.05303522

Smart Scan Analysis for NADEUR

Based on our trend formula, NADEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05218461 0.05218461 0.05218461 0.05218461 0.00000000
Prev. Close Volume Bid Ask Time
0.05174413 2024-12-23 07:25:13
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