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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Namibian Dollar/CFA Franc BCEAO (FOREX:NADXOF)
Strong Downtrend (-100) - NADXOF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NADXOF continues to fall. Traders should use caution and set stops.
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 DOWN since Jan 27th, 2025 at 33.470097
The intermediate-term trend has been DOWN since Mar 6th, 2025 at 34.102262
The short-term trend has been DOWN since Mar 31st, 2025 at 33.376091
Smart Scan Analysis for NADXOF
Based on our trend formula, NADXOF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.055185 | 33.055185 | 33.055185 | 33.055185 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.055185 | 2025-03-31 07:25:33 |