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Forex Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

Euro/Afghan Afghani (FOREX:EURAFN)

Crossroads (-60) - EURAFN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
72.78 72.78 72.78 72.78 0.00
Entry Signal

MarketClub’s Trade Triangles for EURAFN

long term down The long-term trend has been DOWN since Oct 4th, 2024 at 76.34

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 72.12

short term up The short-term trend has been UP since Dec 9th, 2024 at 71.83

Smart Scan Analysis for EURAFN

Based on our trend formula, EURAFN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.78 72.78 72.78 72.78 0.00
Prev. Close Volume Bid Ask Time
72.78 2024-12-09 18:36:59
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