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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/Nicaraguan Cordoba (FOREX:USDNIO)
Bear Market Rally (-75) - USDNIO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDNIO as it may be in the beginning 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 DOWN since Feb 3rd, 2025 at 36.669811
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 36.700000
The short-term trend has been UP since Feb 18th, 2025 at 36.813334
Smart Scan Analysis for USDNIO
Based on our trend formula, USDNIO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.755 | 36.755 | 36.755 | 36.755 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.816 | 2025-02-21 15:57:19 |