Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Euro/Guinea Franc (FOREX:EURGNF)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_EURGNF
Open High Low EURGNF Price Change
10323.2 10323.2 10323.2 10323.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURGNF

long term down The long term trend has been DOWN since Apr 24th, 2018 at 11075.3

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2018 at 10496.1

short term up The short term trend has been UP since Aug 20th, 2018 at 10310.6

Smart Scan Analysis for EURGNF

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

-75
Smart Scan Analysis for EURGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10323.2 10323.2 10323.2 10323.2 0.0
Prev. Close Volume Bid Ask Time
10323.2 10233.2 10413.2 2018-08-20 21:20:48
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