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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Euro/Guinea Franc (FOREX:EURGNF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
10233.6 10233.6 10233.6 10233.6 0.0
Entry Signal

MarketClub’s Trade Triangles for EURGNF

long term up The long term trend has been UP since Jun 26th, 2019 at 10393.2

intermediate term down The intermediate term trend has been DOWN since Jul 17th, 2019 at 10279.7

short term down The short term trend has been DOWN since Jul 2nd, 2019 at 10387.7

Smart Scan Analysis for EURGNF

Based on a pre-defined weighted trend formula for chart analysis, EURGNF scored -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
10233.6 10233.6 10233.6 10233.6 0.0
Prev. Close Volume Bid Ask Time
10233.6 10143.6 10323.6 2019-07-17 09:03:36
Want to analyze Euro/Guinea Franc EURGNF or another symbol? Try our Free Forex Trend Analysis Report.