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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Euro/Namibian Dollar (FOREX:EURNAD)
Bull Market Weakness (+75) - EURNAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURNAD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURNAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURNAD.
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 EURNAD
The long-term trend has been UP since Jan 5th, 2025 at 19.2659
The intermediate-term trend has been UP since Dec 23rd, 2024 at 19.1286
The short-term trend has been UP since Dec 17th, 2024 at 18.8582
Smart Scan Analysis for EURNAD
Based on our trend formula, EURNAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.4528 | 19.4528 | 19.4528 | 19.4528 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.4528 | 2025-01-14 07:25:21 |