Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
US Dollar/Nicaraguan Cordoba (FOREX:USDNIO)
Crossroads (+60) - USDNIO 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 USDNIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDNIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDNIO
The long-term trend has been DOWN since Mar 8th, 2023 at 35.885000
The intermediate-term trend has been UP since Mar 9th, 2023 at 36.585090
The short-term trend has been UP since Mar 9th, 2023 at 36.566112
Smart Scan Analysis for USDNIO
Based on our trend formula, USDNIO is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.574353 | 36.574353 | 36.444419 | 36.444419 | -0.129934 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.065118 | 2023-03-17 13:33:49 |