Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
US Dollar/Nicaraguan Cordoba (FOREX:USDNIO)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
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MarketClub’s Trade Triangles for USDNIO
The long term trend has been UP since Jul 30th, 2019 at 33.550000
The intermediate term trend has been DOWN since Jan 28th, 2020 at 33.728584
The short term trend has been DOWN since Jan 28th, 2020 at 33.739902
Smart Scan Analysis for USDNIO
Based on a pre-defined weighted trend formula for chart analysis, USDNIO scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.260000 | 34.280000 | 33.717912 | 33.717912 | -0.542088 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.260000 | 33.264043 | 34.171780 | 2020-01-28 21:00:55 |