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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Euro/Nicaraguan Cordoba (FOREX:EURNIO)

Bull Market Weakness (+75) - EURNIO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURNIO as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid EURNIO?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURNIO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURNIO
Open High Low EURNIO Price Change
39.96 39.96 39.96 39.96 0.00
Entry Signal

MarketClub’s Trade Triangles for EURNIO

long term up The long-term trend has been UP since Jul 15th, 2024 at 40.08

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 39.85

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 40.12

Smart Scan Analysis for EURNIO

Based on our trend formula, EURNIO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for EURNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.96 39.96 39.96 39.96 0.00
Prev. Close Volume Bid Ask Time
39.96 2024-07-26 07:26:05
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