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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.

FOREX_NADXOF
Open High Low NADXOF Price Change
33.055185 33.055185 33.055185 33.055185 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 down The intermediate-term trend has been DOWN since Mar 6th, 2025 at 34.102262

short term down 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).

-100
Smart Scan Analysis for NADXOF
Strong Downtrend Sideways 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
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