Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
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.
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MarketClub’s Trade Triangles for EURGNF
The long-term trend has been UP since Jul 15th, 2024 at 9377
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 9538
The short-term trend has been DOWN since Oct 4th, 2024 at 9545
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
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9521 | 9521 | 9521 | 9521 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9521 | 2024-10-04 18:15:51 |
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