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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

US Dollar/Namibian Dollar (FOREX:USDNAD)

Bull Market Weakness (+75) - USDNAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDNAD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDNAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDNAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDNAD
Open High Low USDNAD Price Change
16.19 16.19 16.19 16.19 0.00
Entry Signal

MarketClub’s Trade Triangles for USDNAD

long term up The long-term trend has been UP since Nov 16th, 2021 at 15.31

intermediate term up The intermediate-term trend has been UP since Nov 5th, 2021 at 15.12

short term up The short-term trend has been UP since Nov 5th, 2021 at 15.12

Smart Scan Analysis for USDNAD

Based on our trend formula, USDNAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDNAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.19 16.19 16.19 16.19 0.00
Prev. Close Volume Bid Ask Time
16.00 2021-11-29 13:49:04
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