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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2025.

Euro/Nicaraguan Cordoba (FOREX:EURNIO)

Long-Term Downtrend (-90) - EURNIO is in a strong downtrend that is likely to continue. While EURNIO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
38.18 38.18 38.18 38.18 0.00
Entry Signal

MarketClub’s Trade Triangles for EURNIO

long term down The long-term trend has been DOWN since Oct 24th, 2024 at 39.76

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 38.61

short term down The short-term trend has been DOWN since Feb 10th, 2025 at 37.99

Smart Scan Analysis for EURNIO

Based on our trend formula, EURNIO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.18 38.18 38.18 38.18 0.00
Prev. Close Volume Bid Ask Time
38.52 2025-02-12 21:00:24
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