Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Namibian Dollar/US Dollar (FOREX:NADUSD)
Strong Downtrend (-100) - NADUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NADUSD continues to fall. Traders should use caution and set stops.
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 2nd, 2024 at 0.05509553
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.05483891
The short-term trend has been DOWN since Dec 17th, 2024 at 0.05584465
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05420598 | 0.05420598 | 0.05420598 | 0.05420598 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05387340 | 2024-12-23 07:25:13 |