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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Afghan Afghani (FOREX:EURAFN)
Crossroads (-60) - EURAFN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURAFN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURAFN.
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 EURAFN
The long-term trend has been DOWN since Apr 2nd, 2024 at 76.51
The intermediate-term trend has been UP since Apr 29th, 2024 at 77.53
The short-term trend has been UP since Apr 22nd, 2024 at 76.86
Smart Scan Analysis for EURAFN
Based on our trend formula, EURAFN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 77.73 | 77.73 | 77.73 | 77.73 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 77.61 | 2024-05-06 01:56:06 |