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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

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
12339.4 12339.4 12339.4 12339.4 0.0
Entry Signal

MarketClub’s Trade Triangles for EURGNF

long term up The long-term trend has been UP since Jun 5th, 2020 at 10806.4

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2021 at 12431.3

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 12458.3

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
12339.4 12339.4 12339.4 12339.4 0.0
Prev. Close Volume Bid Ask Time
12287.3 2021-02-24 07:23:15
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