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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/Guinea Franc (FOREX:EURGNF)
Sidelines Mode (+55) - EURGNF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Mar 4th, 2025 at 9112
The intermediate-term trend has been UP since Feb 17th, 2025 at 8991
The short-term trend has been DOWN since May 2nd, 2025 at 9830
Smart Scan Analysis for EURGNF
Based on our trend formula, EURGNF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9844 | 9844 | 9844 | 9844 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9775 | 2025-05-07 07:25:21 |