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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Guinea Franc (FOREX:EURGNF)
Countertrend Up (+85) - EURGNF 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 EURGNF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURGNF.
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 EURGNF
The long-term trend has been UP since Jul 15th, 2024 at 9377
The intermediate-term trend has been UP since Jul 8th, 2024 at 9321
The short-term trend has been DOWN since Jul 21st, 2024 at 9387
Smart Scan Analysis for EURGNF
Based on our trend formula, EURGNF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9356 | 9356 | 9356 | 9356 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9356 | 2024-07-26 07:26:06 |