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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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.

FOREX_EURAFN
Open High Low EURAFN Price Change
77.83 77.83 77.83 77.83 0.00
Entry Signal

MarketClub’s Trade Triangles for EURAFN

long term up The long-term trend has been UP since Feb 1st, 2024 at 79.83

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2024 at 78.95

short term down The short-term trend has been DOWN since Feb 27th, 2024 at 79.52

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).

-60
Smart Scan Analysis for EURAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.83 77.83 77.83 77.83 0.00
Prev. Close Volume Bid Ask Time
77.43 2024-03-18 08:26:00
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