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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

British Pound/Guinea Franc (FOREX:GBPGNF)

Bull Market Weakness (+75) - GBPGNF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPGNF as it may be in the beginning stages of a reversal.

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.

FOREX_GBPGNF
Open High Low GBPGNF Price Change
10812.640 10812.640 10811.946 10811.946 -0.694
Entry Signal

MarketClub’s Trade Triangles for GBPGNF

long term up The long-term trend has been UP since Dec 1st, 2023 at 10856.541

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2023 at 10482.260

short term up The short-term trend has been UP since Nov 9th, 2023 at 10482.260

Smart Scan Analysis for GBPGNF

Based on our trend formula, GBPGNF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPGNF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10812.640 10812.640 10811.946 10811.946 -0.694
Prev. Close Volume Bid Ask Time
10811.946 2023-12-08 20:32:21
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