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Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Euro/Guinea Franc (FOREX:EURGNF)
Strong Downtrend (-100) - EURGNF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURGNF continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 12th, 2024 at 9296
The intermediate-term trend has been DOWN since Dec 25th, 2024 at 9055
The short-term trend has been DOWN since Dec 25th, 2024 at 9060
Smart Scan Analysis for EURGNF
Based on our trend formula, EURGNF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8908 | 8908 | 8908 | 8908 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8866 | 2025-01-11 02:58:47 |