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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Nicaraguan Cordoba/US Dollar (FOREX:NIOUSD)
Long-Term Downtrend (-90) - NIOUSD is in a strong downtrend that is likely to continue. While NIOUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NIOUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIOUSD.
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 NIOUSD
The long-term trend has been DOWN since Feb 14th, 2024 at 0.02718715
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 0.02709653
The short-term trend has been DOWN since Apr 10th, 2024 at 0.02715183
Smart Scan Analysis for NIOUSD
Based on our trend formula, NIOUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02723204 | 0.02723204 | 0.02723204 | 0.02723204 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02723204 | 2024-04-20 01:08:56 |