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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
British Pound/Nicaraguan Cordoba (FOREX:GBPNIO)
Sidelines Mode (-55) - GBPNIO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPNIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNIO.
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 GBPNIO
The long-term trend has been UP since Sep 18th, 2024 at 48.850896
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 45.963019
The short-term trend has been UP since Dec 25th, 2024 at 46.244730
Smart Scan Analysis for GBPNIO
Based on our trend formula, GBPNIO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.068628 | 46.099121 | 46.004337 | 46.045483 | -0.023145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.068628 | 2024-12-26 05:58:45 |