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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
Nicaraguan Cordoba/US Dollar (FOREX:NIOUSD)
Countertrend Up (+85) - NIOUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 21st, 2024 at 0.02727490
The intermediate-term trend has been UP since Dec 21st, 2024 at 0.02719384
The short-term trend has been UP since Dec 21st, 2024 at 0.02717822
Smart Scan Analysis for NIOUSD
Based on our trend formula, NIOUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02728892 | 0.02728892 | 0.02728892 | 0.02728892 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02728892 | 2024-12-21 06:23:56 |