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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Nicaraguan Cordoba/British Pound (FOREX:NIOGBP)

Sidelines Mode (-55) - NIOGBP 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 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.

FOREX_NIOGBP
Open High Low NIOGBP Price Change
0.02055069 0.02056957 0.02054564 0.02055775 +0.00000700
Entry Signal

MarketClub’s Trade Triangles for NIOGBP

long term down The long-term trend has been DOWN since Mar 5th, 2025 at 0.02118692

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2025 at 0.02059650

short term up The short-term trend has been UP since May 8th, 2025 at 0.02051483

Smart Scan Analysis for NIOGBP

Based on our trend formula, NIOGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NIOGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02055069 0.02056957 0.02054564 0.02055775 +0.00000700
Prev. Close Volume Bid Ask Time
0.02055069 2025-05-09 01:56:33
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