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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

US Dollar/Nicaraguan Cordoba (FOREX:USDNIO)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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
33.004 33.004 33.004 33.004 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 33.15

intermediate term up The intermediate term trend has been UP since Jun 28th, 2019 at 33.40

short term up The short term trend has been UP since Jul 11th, 2019 at 33.39

Smart Scan Analysis for USDNIO

Based on a pre-defined weighted trend formula for chart analysis, USDNIO scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.004 33.004 33.004 33.004 0.000
Prev. Close Volume Bid Ask Time
33.004 32.559 33.449 2019-07-20 09:57:00
Want to analyze US Dollar/Nicaraguan Cordoba USDNIO or another symbol? Try our Free Forex Trend Analysis Report.