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Frankryk 40 (FR40EUR) Trend op lange termyn: fariearjend
FR40EUR index is in an upward move. On November 10 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the pair will rise and reverse at level 1.272 Fibonacci extensions. That is at the high of 5822.80.
Yndyske oantsjuttings foar lêzen fan kaart:
The index is currently at level 73 of the Relative Strength Index period 14. FR40EUR is now trading in the overbought region. The 21-day SMA and the 50-day SMA are sloping sideways indicating the upward move.
Frankryk 40 (FR40EUR) Trend op 'e lange termyn: Bullish
On the 4- hour chart, France 40 is rising and in an upward move. On November 16 uptrend,a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the pair will rise and reverse at level 1.272 Fibonacci extensions. That is at the high of 5575.40 high.
4-oere grafyske yndikatoaren lêze
France 40 is currently above the 80% range of the daily stochastic. The index is in a bullish momentum and it is in the overbought region of the market. The moving averages are still sloping upward indicating the uptrend.
Algemien Outlook foar Frankryk 40 (FR40EUR)
France 40 is trading in the overbought region as per the lower and higher time frame. The indicators have indicted a possible reversal of the index.
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