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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

US Dollar/Nicaraguan Cordoba (FOREX:USDNIO)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDNIO
Open High Low USDNIO Price Change
32.864 32.864 32.864 32.864 0.000
Entry Signal

MarketClub’s Trade Triangles for USDNIO

long term up The long term trend has been UP since May 22nd, 2019 at 33.1500

intermediate term up The intermediate term trend has been UP since May 22nd, 2019 at 33.1500

short term down The short term trend has been DOWN since May 24th, 2019 at 32.9415

Smart Scan Analysis for USDNIO

Based on a pre-defined weighted trend formula for chart analysis, USDNIO scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.864 32.864 32.864 32.864 0.000
Prev. Close Volume Bid Ask Time
32.864 32.418 33.310 2019-05-25 11:00:39
Want to analyze US Dollar/Nicaraguan Cordoba USDNIO or another symbol? Try our Free Forex Trend Analysis Report.