Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
British Pound/Guinea Franc (FOREX:GBPGNF)
Strong Downtrend (-100) - GBPGNF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPGNF continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 15th, 2024 at 10928.366
The intermediate-term trend has been DOWN since Dec 29th, 2024 at 10919.149
The short-term trend has been DOWN since Dec 29th, 2024 at 10964.557
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10886.757 | 10886.757 | 10886.757 | 10886.757 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10773.777 | 2024-12-30 07:25:16 |