Forex Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
Euro/Afghan Afghani (FOREX:EURAFN)
Sidelines Mode (+55) - EURAFN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURAFN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURAFN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURAFN
The long-term trend has been UP since Jun 1st, 2021 at 95.34
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 100.98
The short-term trend has been UP since Sep 19th, 2021 at 100.50
Smart Scan Analysis for EURAFN
Based on our trend formula, EURAFN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).