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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Nicaraguan Cordoba (FOREX:USDNIO)
Weak Downtrend (-65) - USDNIO is showing signs of a strengthening downtrend. Monitor USDNIO as it may be building momentum to the downside.
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 36.94955
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 36.75000
The short-term trend has been DOWN since Nov 15th, 2024 at 36.78000
Smart Scan Analysis for USDNIO
Based on our trend formula, USDNIO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.750000 | 36.800000 | 36.669811 | 36.669811 | -0.080189 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.750000 | 2024-11-19 21:06:22 |