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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

US Dollar/Guinea Franc (FOREX:USDGNF)

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_USDGNF
Open High Low USDGNF Price Change
9100.35 9100.35 9100.35 9100.35 0.00
Entry Signal

MarketClub’s Trade Triangles for USDGNF

long term up The long term trend has been UP since Sep 14th, 2018 at 9100.0

intermediate term down The intermediate term trend has been DOWN since Oct 7th, 2018 at 9021.5

short term down The short term trend has been DOWN since Oct 7th, 2018 at 9021.5

Smart Scan Analysis for USDGNF

Based on a pre-defined weighted trend formula for chart analysis, USDGNF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9100.35 9100.35 9100.35 9100.35 0.00
Prev. Close Volume Bid Ask Time
9100.35 9021.80 9178.90 2018-10-18 21:30:11
Want to analyze US Dollar/Guinea Franc USDGNF or another symbol? Try our Free Forex Trend Analysis Report.