Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Euro/Netherlands Antillian Guilder (FOREX:EURANG)
Bear Market Rally (-75) - EURANG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURANG as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURANG?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURANG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURANG
The long-term trend has been DOWN since Mar 7th, 2021 at 2.1504
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 2.1120
The short-term trend has been UP since Oct 23rd, 2021 at 2.0840
Smart Scan Analysis for EURANG
Based on our trend formula, EURANG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).