Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Namibian Dollar/CFA Franc BCEAO (FOREX:NADXOF)

Sidelines Mode (+50) - NADXOF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NADXOF can gain momentum.

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.

FOREX_NADXOF
Open High Low NADXOF Price Change
31.553992 31.553992 31.553992 31.553992 0.000000
Entry Signal

MarketClub’s Trade Triangles for NADXOF

long term down The long-term trend has been DOWN since Jan 27th, 2025 at 33.470097

intermediate term up The intermediate-term trend has been UP since May 2nd, 2025 at 31.185260

short term up The short-term trend has been UP since Apr 28th, 2025 at 30.889061

Smart Scan Analysis for NADXOF

Based on our trend formula, NADXOF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for NADXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.553992 31.553992 31.553992 31.553992 0.000000
Prev. Close Volume Bid Ask Time
31.937921 2025-05-07 07:25:21
Get a free daily analysis and signals for Namibian Dollar/CFA Franc BCEAO (NADXOF) - Request Your Free Report.