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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Euro/Guinea Franc (FOREX:EURGNF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
10358.5 10358.5 10358.5 10358.5 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 Nov 12th, 2018 at 10276.5

short term up The short term trend has been UP since Dec 4th, 2018 at 10341.8

Smart Scan Analysis for EURGNF

Based on a pre-defined weighted trend formula for chart analysis, EURGNF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10358.5 10358.5 10358.5 10358.5 0.0
Prev. Close Volume Bid Ask Time
10358.5 10268.5 10448.5 2018-12-11 20:59:16
Want to analyze Euro/Guinea Franc EURGNF or another symbol? Try our Free Forex Trend Analysis Report.