Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

US Dollar/Namibian Dollar (FOREX:USDNAD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDNAD
Open High Low USDNAD Price Change
14.49 14.49 14.49 14.49 0.00
Entry Signal

MarketClub’s Trade Triangles for USDNAD

long term down The long term trend has been DOWN since Dec 13th, 2019 at 14.55

intermediate term up The intermediate term trend has been UP since Jan 14th, 2020 at 14.31

short term up The short term trend has been UP since Jan 14th, 2020 at 14.31

Smart Scan Analysis for USDNAD

Based on a pre-defined weighted trend formula for chart analysis, USDNAD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDNAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.49 14.49 14.49 14.49 0.00
Prev. Close Volume Bid Ask Time
14.49 14.47 14.51 2020-01-21 13:47:55
Get a free daily report for US Dollar/Namibian Dollar (USDNAD) - Free Trend Analysis Report.