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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Nicaraguan Cordoba/US Dollar (FOREX:NIOUSD)
Crossroads (-60) - NIOUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NIOUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIOUSD.
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 NIOUSD
The long-term trend has been DOWN since Oct 4th, 2024 at 0.02706802
The intermediate-term trend has been UP since Nov 19th, 2024 at 0.02717705
The short-term trend has been UP since Nov 19th, 2024 at 0.02716105
Smart Scan Analysis for NIOUSD
Based on our trend formula, NIOUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0272749 | 0.0272749 | 0.0272749 | 0.0272749 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0271767 | 2024-11-19 21:06:22 |