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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Euro/Afghan Afghani (FOREX:EURAFN)

Strong Downtrend (-100) - EURAFN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURAFN continues to fall. Traders should use caution and set stops.

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
74.65 74.65 74.65 74.65 0.00
Entry Signal

MarketClub’s Trade Triangles for EURAFN

long term down The long-term trend has been DOWN since Aug 16th, 2023 at 92.18

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2023 at 93.96

short term down The short-term trend has been DOWN since Nov 16th, 2023 at 78.49

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).

-100
Smart Scan Analysis for EURAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.65 74.65 74.65 74.65 0.00
Prev. Close Volume Bid Ask Time
74.65 2023-12-08 20:32:21
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