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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 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
32.945 32.945 32.945 32.945 0.000
Entry Signal

MarketClub’s Trade Triangles for USDNIO

long term up The long term trend has been UP since Jul 6th, 2016 at 28.6750

intermediate term down The intermediate term trend has been DOWN since Mar 20th, 2019 at 32.6900

short term up The short term trend has been UP since Mar 21st, 2019 at 32.8935

Smart Scan Analysis for USDNIO

Based on a pre-defined weighted trend formula for chart analysis, USDNIO scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for USDNIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.945 32.945 32.945 32.945 0.000
Prev. Close Volume Bid Ask Time
32.860 32.505 33.385 2019-03-21 22:06:38
Want to analyze US Dollar/Nicaraguan Cordoba USDNIO or another symbol? Try our Free Forex Trend Analysis Report.