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Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Nicaraguan Cordoba/British Pound (FOREX:NIOGBP)
Strong Downtrend (-100) - NIOGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NIOGBP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NIOGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIOGBP.
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 NIOGBP
The long-term trend has been DOWN since Dec 12th, 2022 at 0.02220421
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.02251604
The short-term trend has been DOWN since Mar 20th, 2023 at 0.02245931
Smart Scan Analysis for NIOGBP
Based on our trend formula, NIOGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02235347 | 0.02236910 | 0.02222165 | 0.02226526 | -0.00008800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02235347 | 2023-03-22 14:20:12 |