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Forex Trend Analysis Report

Prepared for you on Saturday, February 8, 2025.

Nicaraguan Cordoba/US Dollar (FOREX:NIOUSD)

Sidelines Mode (+55) - NIOUSD 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 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
0.02705383 0.02705383 0.02705383 0.02705383 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NIOUSD

long term up The long-term trend has been UP since Feb 3rd, 2025 at 0.02727490

intermediate term up The intermediate-term trend has been UP since Feb 3rd, 2025 at 0.02722526

short term down The short-term trend has been DOWN since Feb 8th, 2025 at 0.02717304

Smart Scan Analysis for NIOUSD

Based on our trend formula, NIOUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NIOUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02705383 0.02705383 0.02705383 0.02705383 0.00000000
Prev. Close Volume Bid Ask Time
0.02705383 2025-02-08 10:15:35
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