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Forex Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

Euro/Guinea Franc (FOREX:EURGNF)

Bull Market Weakness (+75) - EURGNF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURGNF as it may be in the beginning stages of a reversal.

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.

FOREX_EURGNF
Open High Low EURGNF Price Change
11405.4 11405.4 11405.4 11405.4 0.0
Entry Signal

MarketClub’s Trade Triangles for EURGNF

long term up The long-term trend has been UP since Jun 5th, 2020 at 10806.4

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 10443.5

short term up The short-term trend has been UP since Jul 6th, 2020 at 10876.2

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
Smart Scan Analysis for EURGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11405.4 11405.4 11405.4 11405.4 0.0
Prev. Close Volume Bid Ask Time
11405.4 11315.4 11495.4 2020-08-08 17:45:52
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