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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Euro/Guinea Franc (FOREX:EURGNF)

Countertrend Up (+85) - EURGNF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid EURGNF?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURGNF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURGNF
Open High Low EURGNF Price Change
9371 9371 9371 9371 0
Entry Signal

MarketClub’s Trade Triangles for EURGNF

long term up The long-term trend has been UP since Dec 24th, 2023 at 9409

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 9333

short term up The short-term trend has been UP since Mar 13th, 2024 at 9331

Smart Scan Analysis for EURGNF

Based on our trend formula, EURGNF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9371 9371 9371 9371 0
Prev. Close Volume Bid Ask Time
9371 2024-03-18 15:33:34
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