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Forex Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

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.

FOREX_EURGNF
Open High Low EURGNF Price Change
10287.2 10287.2 10287.2 10287.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURGNF

long term up The long-term trend has been UP since Nov 13th, 2019 at 10317.7

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 10585.1

short term down The short-term trend has been DOWN since Feb 10th, 2020 at 10514.6

Smart Scan Analysis for EURGNF

Based on our trend formula, EURGNF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10287.2 10287.2 10287.2 10287.2 0.0
Prev. Close Volume Bid Ask Time
10287.2 10197.2 10377.2 2020-02-20 07:21:17
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