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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Nicaraguan Cordoba/British Pound (FOREX:NIOGBP)

Long-Term Uptrend (+90) - NIOGBP is in a strong uptrend that is likely to continue. While NIOGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.02150912 0.02151057 0.02148337 0.02148592 -0.00002300
Entry Signal

MarketClub’s Trade Triangles for NIOGBP

long term up The long-term trend has been UP since Apr 1st, 2024 at 0.02178538

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2024 at 0.02147874

short term up The short-term trend has been UP since Jun 21st, 2024 at 0.02149117

Smart Scan Analysis for NIOGBP

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

+90
Smart Scan Analysis for NIOGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02150912 0.02151057 0.02148337 0.02148592 -0.00002300
Prev. Close Volume Bid Ask Time
0.02150912 2024-06-24 03:52:37
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