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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Namibian Dollar/Euro (FOREX:NADEUR)
Sidelines Mode (+55) - NADEUR 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 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.
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MarketClub’s Trade Triangles for NADEUR
The long-term trend has been UP since Apr 2nd, 2024 at 0.04936300
The intermediate-term trend has been DOWN since Nov 18th, 2024 at 0.05260578
The short-term trend has been UP since Aug 16th, 2024 at 0.05032728
Smart Scan Analysis for NADEUR
Based on our trend formula, NADEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05238309 | 0.05238309 | 0.05238309 | 0.05238309 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05238309 | 2024-11-18 21:06:10 |