Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Euro/Afghan Afghani (FOREX:EURAFN)
Strong Uptrend (+100) - EURAFN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURAFN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Feb 22nd, 2021 at 94.06
The short-term trend has been UP since Feb 22nd, 2021 at 93.95
Smart Scan Analysis for EURAFN
Based on our trend formula, EURAFN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).