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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Namibian Dollar/US Dollar (FOREX:NADUSD)

Strong Uptrend (+100) - NADUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NADUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_NADUSD
Open High Low NADUSD Price Change
0.05521776 0.05521776 0.05509529 0.05509529 -0.00012200
Entry Signal

MarketClub’s Trade Triangles for NADUSD

long term up The long-term trend has been UP since May 5th, 2024 at 0.05402958

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2024 at 0.05448204

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.05351444

Smart Scan Analysis for NADUSD

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

+100
Smart Scan Analysis for NADUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05521776 0.05521776 0.05509529 0.05509529 -0.00012200
Prev. Close Volume Bid Ask Time
0.05588275 2024-06-20 21:01:42
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