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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

Nicaraguan Cordoba/US Dollar (FOREX:NIOUSD)

Bear Market Rally (-75) - NIOUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NIOUSD as it may be in the beginning of a reversal.

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.

FOREX_NIOUSD
Open High Low NIOUSD Price Change
0.02964148 0.02964148 0.02964148 0.02964148 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NIOUSD

long term down The long-term trend has been DOWN since May 11th, 2017 at 0.03369500

intermediate term down The intermediate-term trend has been DOWN since Feb 10th, 2020 at 0.02960195

short term down The short-term trend has been DOWN since Jan 31st, 2020 at 0.02965242

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).

-80
Smart Scan Analysis for NIOUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02964148 0.02964148 0.02964148 0.02964148 0.00000000
Prev. Close Volume Bid Ask Time
0.02964148 0.02923562 0.03004734 2020-02-18 07:26:05
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