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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Guinea Franc/British Pound (FOREX:GNFGBP)

Sidelines Mode (+50) - GNFGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GNFGBP can gain momentum.

Is it time to buy, sell, or avoid GNFGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for GNFGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GNFGBP
Open High Low GNFGBP Price Change
0.00008959 0.00008959 0.00008959 0.00008959 0.00000000
Entry Signal

MarketClub’s Trade Triangles for GNFGBP

long term down The long-term trend has been DOWN since Jun 5th, 2024 at 0.00009089

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2024 at 0.00008786

short term up The short-term trend has been UP since Oct 20th, 2024 at 0.00008786

Smart Scan Analysis for GNFGBP

Based on our trend formula, GNFGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GNFGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00008959 0.00008959 0.00008959 0.00008959 0.00000000
Prev. Close Volume Bid Ask Time
0.00008959 2024-10-24 21:06:15
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