Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
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.
MarketClub’s Trade Triangles for EURAFN
The long-term trend has been UP since Jun 5th, 2020 at 86.89
The intermediate-term trend has been UP since Nov 15th, 2020 at 90.75
The short-term trend has been UP since Nov 11th, 2020 at 90.00
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).