Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Namibian Dollar/CFA Franc BCEAO (FOREX:NADXOF)
Weak Downtrend (-65) - NADXOF is showing signs of a strengthening downtrend. Monitor NADXOF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NADXOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NADXOF.
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 NADXOF
The long-term trend has been UP since Apr 2nd, 2024 at 32.374553
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 32.263089
The short-term trend has been DOWN since Apr 16th, 2024 at 32.604181
Smart Scan Analysis for NADXOF
Based on our trend formula, NADXOF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
32.004616 | 32.004616 | 32.004616 | 32.004616 | 0.000000 |
Prev. Close | Volume | Bid | Ask | Time |
32.004616 | 2024-04-24 21:01:06 |