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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Namibian Dollar/US Dollar (FOREX:NADUSD)
Sidelines Mode (+55) - NADUSD 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 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 Jul 25th, 2024 at 0.05427880
The short-term trend has been UP since Jul 26th, 2024 at 0.05461521
Smart Scan Analysis for NADUSD
Based on our trend formula, NADUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for NADUSD](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.05479205 | 0.05480719 | 0.05479205 | 0.05480719 | +0.00001500 |
Prev. Close | Volume | Bid | Ask | Time |
0.05479205 | 2024-07-26 14:00:14 |