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Forex Trend Analysis Report

Prepared for you on Saturday, April 17, 2021.

Namibian Dollar/Euro (FOREX:NADEUR)

Countertrend Up (+85) - NADEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_NADEUR
Open High Low NADEUR Price Change
0.05857064 0.05857064 0.05857064 0.05857064 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NADEUR

long term up The long-term trend has been UP since Nov 2nd, 2020 at 0.05242484

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2021 at 0.05639325

short term up The short-term trend has been UP since Apr 16th, 2021 at 0.05823393

Smart Scan Analysis for NADEUR

Based on our trend formula, NADEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NADEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05857064 0.05857064 0.05857064 0.05857064 0.00000000
Prev. Close Volume Bid Ask Time
0.05857064 2021-04-17 23:10:27
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