Forex Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
British Pound/Guinea Franc (FOREX:GBPGNF)
Strong Uptrend (+100) - GBPGNF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPGNF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid GBPGNF?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPGNF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPGNF
The long-term trend has been UP since Jul 10th, 2020 at 12117.151
The intermediate-term trend has been UP since Oct 21st, 2020 at 12785.263
The short-term trend has been UP since Feb 23rd, 2021 at 14268.960
Smart Scan Analysis for GBPGNF
Based on our trend formula, GBPGNF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).