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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Euro/Nigerian Naira (FOREX:EURNGN)

Strong Uptrend (+100) - EURNGN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURNGN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid EURNGN?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURNGN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURNGN
Open High Low EURNGN Price Change
459.2 459.2 459.2 459.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURNGN

long term up The long-term trend has been UP since Mar 5th, 2020 at 408.97

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 452.16

short term up The short-term trend has been UP since Nov 9th, 2020 at 449.44

Smart Scan Analysis for EURNGN

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

+100
Smart Scan Analysis for EURNGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
459.2 459.2 459.2 459.2 0.0
Prev. Close Volume Bid Ask Time
459.2 2020-11-23 21:07:01
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