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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for NIOGBP
The long-term trend has been DOWN since Jul 11th, 2024 at 0.02108524
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.02119653
The short-term trend has been UP since Jul 18th, 2024 at 0.02099098
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02112656 | 0.02114439 | 0.02110170 | 0.02111988 | -0.00000700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02112656 | 2024-07-26 17:02:12 |