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Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Euro/Afghan Afghani (FOREX:EURAFN)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURAFN
Open High Low EURAFN Price Change
86.81 86.81 86.81 86.81 0.00
Entry Signal

MarketClub’s Trade Triangles for EURAFN

long term down The long term trend has been DOWN since Aug 4th, 2019 at 87.51

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2019 at 90.77

short term down The short term trend has been DOWN since Aug 18th, 2019 at 87.47

Smart Scan Analysis for EURAFN

Based on a pre-defined weighted trend formula for chart analysis, EURAFN scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for EURAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.81 86.81 86.81 86.81 0.00
Prev. Close Volume Bid Ask Time
86.81 85.81 87.81 2019-08-18 20:19:26
Want to analyze Euro/Afghan Afghani EURAFN or another symbol? Try our Free Forex Trend Analysis Report.