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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Namibian Dollar/US Dollar (FOREX:NADUSD)
Crossroads (-60) - NADUSD 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 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 UP since May 5th, 2024 at 0.05402958
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.05705978
The short-term trend has been DOWN since Nov 11th, 2024 at 0.05675125
Smart Scan Analysis for NADUSD
Based on our trend formula, NADUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05548993 | 0.05548993 | 0.05548993 | 0.05548993 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05548993 | 2024-11-18 21:06:10 |