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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Nicaraguan Cordoba (FOREX:USDNIO)
Weak Uptrend (+65) - USDNIO is showing signs of weakening momentum to the upside. Monitor USDNIO as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDNIO
The long-term trend has been UP since Oct 4th, 2024 at 36.949550
The intermediate-term trend has been UP since Dec 9th, 2024 at 36.823902
The short-term trend has been DOWN since Dec 25th, 2024 at 36.800343
Smart Scan Analysis for USDNIO
Based on our trend formula, USDNIO is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.738222 | 36.738222 | 36.738222 | 36.738222 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.738222 | 2024-12-25 04:48:05 |