Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Euro/Guinea Franc (FOREX:EURGNF)
Weak Downtrend (-65) - EURGNF is showing signs of a strengthening downtrend. Monitor EURGNF as it may be building momentum to the downside.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURGNF
The long-term trend has been DOWN since Mar 31st, 2021 at 11782.8
The intermediate-term trend has been UP since Aug 1st, 2022 at 8725.5
The short-term trend has been DOWN since Jun 7th, 2022 at 9469.3
Smart Scan Analysis for EURGNF
Based on our trend formula, EURGNF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8844.8 | 8844.8 | 8844.8 | 8844.8 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8844.8 | 2022-08-10 07:20:29 |
Get a free daily analysis and signals for Euro/Guinea Franc (EURGNF) - Request Your Free Report.