Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Euro/Afghan Afghani (FOREX:EURAFN)
Weak Downtrend (-65) - EURAFN is showing signs of a strengthening downtrend. Monitor EURAFN as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for EURAFN
The long-term trend has been UP since Dec 1st, 2022 at 90.99
The intermediate-term trend has been DOWN since Feb 7th, 2023 at 97.00
The short-term trend has been DOWN since Feb 7th, 2023 at 97.00
Smart Scan Analysis for EURAFN
Based on our trend formula, EURAFN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).