Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2019.

Euro/Guinea Franc (FOREX:EURGNF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_EURGNF
Open High Low EURGNF Price Change
10207 10207 10207 10207 0
Entry Signal

MarketClub’s Trade Triangles for EURGNF

long term down The long term trend has been DOWN since Aug 1st, 2019 at 10182.7

intermediate term up The intermediate term trend has been UP since Oct 13th, 2019 at 10190.1

short term up The short term trend has been UP since Oct 13th, 2019 at 10154.0

Smart Scan Analysis for EURGNF

Based on a pre-defined weighted trend formula for chart analysis, EURGNF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10207 10207 10207 10207 0
Prev. Close Volume Bid Ask Time
10207 10117 10297 2019-10-13 05:36:12
Want to analyze Euro/Guinea Franc EURGNF or another symbol? Try our Free Forex Trend Analysis Report.