Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Euro/Guinea Franc (FOREX:EURGNF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_EURGNF
Open High Low EURGNF Price Change
10218.2 10218.2 10218.2 10218.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURGNF

long term down The long term trend has been DOWN since Mar 10th, 2019 at 10263.6

intermediate term down The intermediate term trend has been DOWN since Apr 29th, 2019 at 10245.3

short term down The short term trend has been DOWN since Apr 21st, 2019 at 10289.8

Smart Scan Analysis for EURGNF

Based on a pre-defined weighted trend formula for chart analysis, EURGNF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10218.2 10218.2 10218.2 10218.2 0.0
Prev. Close Volume Bid Ask Time
10218.2 10128.2 10308.2 2019-05-24 08:49:47
Want to analyze Euro/Guinea Franc EURGNF or another symbol? Try our Free Forex Trend Analysis Report.