Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Namibian Dollar/US Dollar (FOREX:NADUSD)
Bear Market Rally (-75) - NADUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NADUSD as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for NADUSD
The long-term trend has been DOWN since Dec 28th, 2023 at 0.05419736
The intermediate-term trend has been UP since Mar 7th, 2024 at 0.05296570
The short-term trend has been DOWN since Mar 18th, 2024 at 0.05358022
Smart Scan Analysis for NADUSD
Based on our trend formula, NADUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.05281504 | 0.05281504 | 0.05281504 | 0.05281504 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.05281504 | 2024-03-28 02:42:07 |