Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Nicaraguan Cordoba/British Pound (FOREX:NIOGBP)
Strong Uptrend (+100) - NIOGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NIOGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for NIOGBP
The long-term trend has been UP since Mar 1st, 2020 at 0.02314210
The intermediate-term trend has been UP since May 12th, 2020 at 0.02420525
The short-term trend has been UP since May 22nd, 2020 at 0.02428482
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).