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Forex Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

Euro/Afghan Afghani (FOREX:EURAFN)

Countertrend Up (+85) - EURAFN 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 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
104.63 104.63 104.63 104.63 0.00
Entry Signal

MarketClub’s Trade Triangles for EURAFN

long term up The long-term trend has been UP since Jun 1st, 2021 at 95.34

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 102.99

short term up The short-term trend has been UP since Oct 23rd, 2021 at 104.48

Smart Scan Analysis for EURAFN

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

+80
Smart Scan Analysis for EURAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.63 104.63 104.63 104.63 0.00
Prev. Close Volume Bid Ask Time
104.86 2021-10-23 18:35:19
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