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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

Nicaraguan Cordoba/US Dollar (FOREX:NIOUSD)

Bull Market Weakness (+75) - NIOUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NIOUSD as it may be in the beginning stages of a reversal.

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.

FOREX_NIOUSD
Open High Low NIOUSD Price Change
0.02964645 0.02964645 0.02964645 0.02964645 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NIOUSD

long term up The long-term trend has been UP since Mar 23rd, 2020 at 0.02975371

intermediate term up The intermediate-term trend has been UP since Mar 23rd, 2020 at 0.02968202

short term up The short-term trend has been UP since Mar 19th, 2020 at 0.02962709

Smart Scan Analysis for NIOUSD

Based on our trend formula, NIOUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NIOUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02964645 0.02964645 0.02964645 0.02964645 0.00000000
Prev. Close Volume Bid Ask Time
0.02964645 0.02924405 0.03004885 2020-04-02 07:19:21
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