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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Guinea Franc (FOREX:GBPGNF)
Sidelines Mode (+50) - GBPGNF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPGNF can gain 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.
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MarketClub’s Trade Triangles for GBPGNF
The long-term trend has been DOWN since Nov 15th, 2024 at 10928.366
The intermediate-term trend has been UP since Feb 2nd, 2025 at 10741.935
The short-term trend has been UP since Feb 17th, 2025 at 10741.599
Smart Scan Analysis for GBPGNF
Based on our trend formula, GBPGNF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10893.073 | 10893.073 | 10893.073 | 10893.073 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10934.348 | 2025-02-20 21:00:25 |