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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

Euro/Namibian Dollar (FOREX:EURNAD)

Weak Downtrend (-65) - EURNAD is showing signs of a strengthening downtrend. Monitor EURNAD as it may be building momentum to the downside.

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.

FOREX_EURNAD
Open High Low EURNAD Price Change
19.364 19.364 19.364 19.364 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNAD

long term up The long-term trend has been UP since Jun 29th, 2022 at 16.9364

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2023 at 19.3967

short term down The short-term trend has been DOWN since Mar 31st, 2023 at 19.6212

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).

-70
Smart Scan Analysis for EURNAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.364 19.364 19.364 19.364 0.000
Prev. Close Volume Bid Ask Time
19.364 2023-03-31 08:50:07
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