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Forex Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Guinea Franc/US Dollar (FOREX:GNFUSD)
Sidelines Mode (+50) - GNFUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GNFUSD can gain momentum.
Is it time to buy, sell, or avoid GNFUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GNFUSD.
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 GNFUSD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.00011601
The intermediate-term trend has been UP since Apr 23rd, 2024 at 0.00011669
The short-term trend has been UP since Apr 29th, 2024 at 0.00011694
Smart Scan Analysis for GNFUSD
Based on our trend formula, GNFUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00011638 | 0.00011638 | 0.00011638 | 0.00011638 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00011638 | 2024-05-01 07:23:59 |