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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
US Dollar/Nicaraguan Cordoba (FOREX:USDNIO)
Strong Downtrend (-100) - USDNIO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDNIO continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDNIO?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDNIO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDNIO
The long-term trend has been DOWN since Feb 3rd, 2025 at 36.669811
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 36.700000
The short-term trend has been DOWN since Feb 3rd, 2025 at 36.736868
Smart Scan Analysis for USDNIO
Based on our trend formula, USDNIO is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.800426 | 36.800426 | 36.622692 | 36.622692 | -0.177734 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.800426 | 2025-02-04 21:00:19 |