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Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Euro/Afghan Afghani (FOREX:EURAFN)
Sidelines Mode (+50) - EURAFN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURAFN can gain 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.
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MarketClub’s Trade Triangles for EURAFN
The long-term trend has been DOWN since Jan 20th, 2020 at 86.08
The intermediate-term trend has been UP since May 19th, 2020 at 83.50
The short-term trend has been UP since May 19th, 2020 at 82.66
Smart Scan Analysis for EURAFN
Based on our trend formula, EURAFN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 84.15 | 84.15 | 84.15 | 84.15 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 83.58 | 83.15 | 85.15 | 2020-05-21 21:08:23 |