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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

US Dollar/Namibian Dollar (FOREX:USDNAD)

Weak Downtrend (-65) - USDNAD is showing signs of a strengthening downtrend. Monitor USDNAD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid USDNAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDNAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDNAD
Open High Low USDNAD Price Change
18.145 18.145 18.145 18.145 0.000
Entry Signal

MarketClub’s Trade Triangles for USDNAD

long term up The long-term trend has been UP since Feb 21st, 2023 at 18.225

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2023 at 18.170

short term down The short-term trend has been DOWN since Mar 10th, 2023 at 18.590

Smart Scan Analysis for USDNAD

Based on our trend formula, USDNAD is rated as a -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
18.145 18.145 18.145 18.145 0.000
Prev. Close Volume Bid Ask Time
18.090 2023-03-29 11:01:46
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