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Forex Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
Nicaraguan Cordoba/British Pound (FOREX:NIOGBP)
Crossroads (+60) - NIOGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NIOGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIOGBP.
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 NIOGBP
The long-term trend has been DOWN since Dec 12th, 2022 at 0.02220421
The intermediate-term trend has been UP since May 18th, 2023 at 0.02208917
The short-term trend has been UP since May 10th, 2023 at 0.02172542
Smart Scan Analysis for NIOGBP
Based on our trend formula, NIOGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02211630 | 0.02216847 | 0.02206911 | 0.02213008 | +0.00001400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02211630 | 2023-05-29 12:21:49 |